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Simple Methods and Procedures Used in Forecasting

Simple Methods and Procedures Used in Forecasting

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St<strong>and</strong>ard Error of<br />

Estimate<br />

S u = 24085,46<br />

It is the st<strong>and</strong>ard deviation around<br />

the trend l<strong>in</strong>e of the predicted<br />

values of Y.

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