Examlex
Which of the following is an internal factor influencing forecasting?
Normally Distributed
A probability distribution that is symmetrical around the mean, showing that data near the mean are more frequent in occurrence.
Equal Variances
The assumption that two or more populations have the same variance.
Bonferroni Adjustment
It's a statistical correction method used to adjust confidence intervals or significance thresholds when multiple comparisons are made, reducing the chance of a type I error.
Type I Error Rate
The probability of rejecting a true null hypothesis, equivalent to the significance level of the test.
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