A Measure of Forecast Error That Does Not Depend Upon

question 95

Short Answer

A measure of forecast error that does not depend upon the magnitude of the item being forecast is the ________.

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Definitions:

Defining Characteristics

The unique attributes or qualities that clearly distinguish a person, object, concept, or phenomenon from others within its category or domain.

Small Businesses

Independently owned and operated companies with limited revenue and number of employees, serving local markets.

Failure Rates

The proportion or frequency at which a process, system, or product fails to perform its intended function.