As a Sales Analyst, If You Wish to Compare Forecasting

question 42

True/False

As a sales analyst, if you wish to compare forecasting accuracy across several time periods, the percentage forecasting error formula [% error = (forecast - actual)/actual] should be used.

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Definitions:

Migration

The movement of people from one place to another with the intentions of settling, permanently or temporarily, at a new location.

Open Border Policies

pertain to government regulations that allow for free movement of people across national borders, reducing or eliminating immigration restrictions.

EU

The European Union, a political and economic union of 27 European countries that participate in a single market allowing free movement of goods, services, capital, and people.

Labor Movements

Collective organizational efforts by workers and unions aimed at improving working conditions, wages, and workers' rights.