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  3. Study Set
    Business Analytics Study Set 1
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    Exam 8: Time Series Analysis and Forecasting
  5. Question
    __________ Is the Amount by Which the Predicted Value Differs
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__________ Is the Amount by Which the Predicted Value Differs

Question 9

Question 9

Multiple Choice

__________ is the amount by which the predicted value differs from the observed value of the time series variable.


A) Mean forecast error
B) Mean absolute error
C) Smoothing constant
D) Forecast error

Correct Answer:

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