Examlex
Internal failure activities:
Mean Square Error
A measure of the average of the squares of the errors or deviations, indicating the difference between the estimators and what is estimated.
Mean Absolute Percentage Error
A measure used to predict accuracy in statistics, expressing the average absolute difference between observed and forecasted values as a percentage.
Holt-Winters Multiplicative Model
A forecasting technique that accounts for seasonality, trend, and error in time series data, using multiplicative methods to adjust for these components.
Double Moving Average Model
A forecasting technique that utilizes two moving averages of a time series to identify trends by signaling when the averages cross each other.
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