Bias Exists When the Forecast Tends to Be Greater or Less

question 67

True/False

Bias exists when the forecast tends to be greater or less than the actual demand.

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Definitions:

Floaters

Floaters are small pieces of debris in the eye's vitreous humor that appear as floating spots in one's field of vision, often resulting from age-related changes.

Hammer

A tool used for hitting nails, breaking objects or shaping materials, typically consisting of a handle and a heavy metal head.

Startled

A sudden, involuntary reaction to surprise or fear.

Loud Noises

High volume sounds that can potentially harm hearing or cause hearing loss over prolonged exposure.