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Author Question: Estimation is the process of inferring the value of an unknown population parameter using data from ... (Read 91 times)

WWatsford

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Estimation is the process of inferring the value of an unknown population parameter using data from a random sample
 a. True
  b. False
   Indicate whether the statement is true or false

Question 2

Forecasting software packages typically report several summary measures of the forecasting error. The most important of these are MAE (mean absolute error), RMSE (root mean square error), and MAPE (mean absolute percentage error).
 a. True
  b. False
   Indicate whether the statement is true or false



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jaygar71

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Answer to Question 1

TRUE

Answer to Question 2

TRUE





 

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