Examlex
CEO compensation is dependent on the compensation of other managers and salaried workers.
Forecast Accuracy
A measure of how close the forecasted values are to the actual values, often used in evaluating the performance of forecasting models.
Sum of Squares
A statistical measure that quantifies the variation within a dataset, calculated by summing the squares of each deviation from the mean.
Accuracy
The degree to which the result of a measurement, calculation, or specification conforms to the correct value or a standard.
Forecast Accuracy
The degree to which a forecast predicts actual outcomes.
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