Deviation Variables

question 76

Multiple Choice

Deviation variables

• A) represent the actual value of the function part of a goal constraint.
• B) represent the difference between the target and actual values.
• C) must sum to 1.
• D) equal the difference between actual and predicted values of the decision variables.

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Definitions:

Standard Error

The standard deviation of the sampling distribution of a statistic, mostly used to measure the accuracy of a sample's mean.

Population Standard Deviation

A measure of the dispersion or variability of a set of data points in a population, quantifying how much the data points differ from the population mean.

Simple Random Sampling

A sampling method in which each member of a population has an equal chance of being selected.

Subset

A part of a larger set of data, where the elements of the subset are also contained within the larger set.