Multiple Choice
Given forecast errors of 5, 0, -4, and 3, what is the bias?
A) -4
B) 4
C) 5
D) 12
E) 6
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: Which technique is used in computing seasonal
Q11: A concert promoter is forecasting this
Q12: Which of the following would tend to
Q13: Data on demand over the last
Q18: The president of State University wants
Q19: The owner of Darkest Tans Unlimited
Q56: Given forecast errors of 5, 0,−4, and
Q69: Which of the following helps improve supply
Q92: The purpose of the forecast should be
Q102: Removing the seasonal component from a data