Examlex
Which of the following is a disadvantage of a matrix structure?
Mean Absolute Deviation
Mean absolute deviation is a measure of variability that represents the average absolute difference between each data point and the mean of the data set.
Sum of Squares
A statistical measure that quantifies the variance within a dataset by summing the squared differences between each value and the mean.
Forecast Accuracy
The degree to which forecasted values correspond with actual values over a specified period.
Mean Absolute Deviation
Mean absolute deviation measures the average absolute distances between each data point in a set and the set's mean, providing an overview of variability.
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