Forecast Error

question 42

Multiple Choice

Forecast error:

• A) takes a positive value when the forecast is too high.
• B) cannot be negative.
• C) cannot take a value of zero.
• D) is associated with measuring forecast accuracy.

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Definitions:

Strange Situation

A procedure developed in psychology to observe attachment relationships between a caregiver and child.

Mary Ainsworth

A developmental psychologist best known for her work on attachment theory, including the Strange Situation Procedure to assess infant attachment styles.

Self-fulfilling Prophecy

A belief or expectation that influences one's behavior in a way that causes the belief to become true.

Labeling

The act of identifying or describing someone or something in a specific way, often simplifying complex individuals or ideas into single terms or categories.