An error of prediction is also known as a. sum of squares residual mean deviation median deviation
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In regression, what is an error of prediction?
Which of the following measures of forecast accuracy is most affected by outliers in the data? Group of answer choices Mean absolute error Mean squared error Mean absolute percentage error Mean forecast error The difference between the observed value of the dependent variable and the value predicted using the estimated regression equation is known as the Group of answer choices error term constant term model parameter residual
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