This topic contains a solution. Click here to go to the answer

Author Question: Estimation is the process of inferring the value of an unknown population parameter using data from ... (Read 89 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaygar71

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

TRUE

Answer to Question 2

TRUE





 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

For a complete list of videos, visit our video library