Which of the Following Is True According to the Text

question 9

Multiple Choice

Which of the following is true according to the text?

• A) Forecasts in recent years have been very accurate.
• B) Use of the absolute forecast error as a percent of the realized value is a good measure to use in detecting a forecast bias.
• C) Forecasting errors are smaller when focused on longer term periods.
• D) None of the above.