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Author Question: Estimation is the process of inferring the value of an unknown population parameter using data from ... (Read 110 times)

WWatsford

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on: Jun 24, 2018
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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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


WWatsford

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Reply #2 on: Jun 24, 2018
Correct answers!


jaygar71

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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