If a Forecast Is Consistently Greater Than (Or Less Than)

question 3

True/False

If a forecast is consistently greater than (or less than) actual values, the forecast is said to be biased.

---

Definitions:

Feral Children

In myths and rare real-world cases, children who have had little human contact and may have lived in social isolation from a young age.

Nature Vs. Nurture

The debate concerning the relative importance of an individual's innate qualities versus personal experiences in determining or causing differences in physical and behavioral traits.

Hereditary Traits

Characteristics and qualities that are genetically passed from parents to their offspring.

Social Learning

A theory that posits individuals learn new behaviors and norms through observation, imitation, and modeling from others in their society or social group.