Discuss the Elements in a Professional Code of Ethics

question 2

Essay

Discuss the elements in a professional code of ethics.

Competence in calculating forecast accuracy using measures such as Mean Absolute Deviation (MAD), Mean Square Error (MSE), Mean Absolute Percentage Error (MAPE), and Root Mean Square Error (RMSE).

Understanding of weighted average model and its application in forecasting.

Knowledge of exponential smoothing model, including simple and double exponential smoothing.

Understanding the concept of regression analysis and its use in forecasting.

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Definitions:

Substance Abuse

The damaging or threatening employment of substances that alter the psyche, including but not limited to alcohol and prohibited drugs.

Anxiety

A condition of uneasiness or worry, chiefly because of a nearing event or an uncertain final outcome.

Stressful Life Events

Refer to major incidents that significantly alter an individual's life and routine, often causing physical or emotional stress.

Depression

A frequent and severe mental health disorder marked by ongoing emotions of despair, desolation, and a disinterest or absence of enjoyment in pursuits.