If a Forecast Is Consistently Greater Than (Or Less Than)

question 3

True/False

If a forecast is consistently greater than (or less than) actual values, the forecast is said to be biased.

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Definitions:

Lay Referral Network

The network of non-professionals (friends, family, and others) who offer advice and information about health concerns before formal medical advice is sought.

High-Fat

Describes foods or diets that contain a large proportion of fat calories, which can influence cholesterol levels and heart health.

Medical Care

The diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in humans, delivered by health professionals.

Bankruptcy

A legal status for individuals or entities that cannot repay the debts they owe to creditors.