A Forecaster That Consistently Overpredicts the Daily High Temperature Has

question 39

Multiple Choice

A forecaster that consistently overpredicts the daily high temperature has

• A)a forecast bias and a mean absolute forecast error larger than zero.
• B)a forecast bias and no mean absolute forecast error.
• C)no forecast bias and a mean absolute forecast error larger than zero.
• D)no forecast bias and no mean absolute forecast error.

---

Definitions:

Demands of the Situation

The requirements or challenges inherent in a particular context or scenario that influence how one needs to act or respond.

Situational Factors

External influences that affect an individual's behavior or decision-making process, often considered in marketing to understand consumer behavior in different contexts.

Span of Control

The number of subordinates that a manager or supervisor can directly control, influencing the complexity and structure of the organization.

Subordinate Expectations

The anticipations or beliefs subordinates have regarding their role, performance outcomes, or interactions within an organization.