Bias Is the Average Error of a Forecast Model

question 88

True/False

Bias is the average error of a forecast model.

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Definitions:

Conscious Recollection

The process of intentionally remembering or recalling information from one's past.

Source Misattribution

A memory error where a person is unable to remember the source of a memory, leading to potential inaccuracies or confusions.

Experienced

Having knowledge or skill in a particular area as a result of having done something for a long time.

Heard

The act of perceiving sound by the ear. If you've heard something, you've perceived it with your auditory sense.