A Large Positive Cumulative Error Indicates That the Forecast Is

question 36

Multiple Choice

A large positive cumulative error indicates that the forecast is probably

• A)higher than the actual demand.
• B)lower than the actual demand.
• C)unbiased.
• D)biased.

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Definitions:

Investment Revenue

Income generated from the holding of investments like stocks, bonds, real estate, and other assets.

Fair Value

An estimate of the market value of an asset or liability, based on current prices or valuations in an orderly transaction between market participants.

Equity Investment Portfolio

A collection of equity securities owned by an individual or institution, often diversified across various sectors.

Realized Gain

The profit made from the sale of an asset or investment when it is actually sold, not just on paper.