Which of the Following Is True About Forecast Bias

question 112

Multiple Choice

Which of the following is true about forecast bias?

• A) It is the mean absolute deviation.
• B) It is equal to the square root of the MSE.
• C) When it is negative it means that the forecasts tended to be high.
• D) When it is positive it means that the forecasts tended to be high.

Recognize the process of lymph formation and circulation.

Describe the drainage areas of the lymphatic system and the role of lymphatic trunks.

Understand the concept and significance of milestones in project management.

Comprehend the importance of resource calendars in both forward and backward passes.

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Definitions:

Louisiana Purchase

The 1803 acquisition by the United States of approximately 828,000 square miles of territory from France, doubling the size of the young nation.

Supreme Court

The highest federal court in the United States, with ultimate appellate jurisdiction over all U.S. federal court cases and state court cases involving issues of federal law, plus original jurisdiction over a small range of cases.

John Marshall

The fourth Chief Justice of the United States, whose leadership at the Supreme Court established the principles of constitutional law and judicial review.

Judicial Power

The authority granted to courts and judges to interpret and apply the law, resolve disputes, and enforce legal decisions.