How would you describe the concept of confidence interval in the context of precision in forecasting?

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Business Statistics Using Excel

ISBN: 9780199659517

2nd Edition

Authors: Glyn Davis, Branko Pecar

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Question Posted: Nov 28, 2023 02:40 AM

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How would you describe the concept of confidence interval in the context of precision in forecasting?

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In the context of forecasting a confidence interval is a range of values that is likely to c...View the full answer

Business Statistics Using Excel

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