menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Statistics
  3. Study Set
    Operations Management Study Set 5
  4. Exam
    Exam 3: Forecasting
  5. Question
    A Persistent Tendency for Forecasts to Be Greater Than or Less
Solved

A Persistent Tendency for Forecasts to Be Greater Than or Less

Question 5

Question 5

Multiple Choice

A persistent tendency for forecasts to be greater than or less than the actual values is called:


A) bias.
B) tracking.
C) control charting.
D) positive correlation.
E) linear regression.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: The owner of Yummy Yummy Catering needs

Q2: The dean of a school of business

Q3: In order to increase the responsiveness of

Q4: The two general approaches to forecasting are:<br>A)mathematical

Q6: Data in a time-ordered sequence will not

Q7: Which technique is used in computing seasonal

Q8: Which of the following is not necessarily

Q9: Professor Very Busy needs to allocate time

Q10: Seasonal relatives can be used to deseasonalize

Q11: The forecasting method which uses anonymous questionnaires

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines