A Tracking Signal Provides a Method for Quantifying Forecast

question 41

Multiple Choice

A tracking signal provides a method for quantifying forecast

• A)bias
• B)error
• C)accuracy
• D)outliers

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Definitions:

Total N

Total N refers to the total number of observations or samples in a study or experiment.

Chi-square Statistic

A statistic used to assess the fit of an observed distribution to an expected distribution.

Critical Value

Value of a statistic that separates the regions of rejection and nonrejection.

Degrees Of Freedom

An aspect of inferential statistical tests, representing the amount of unrestricted parameters in the data set.