Forecast Bias Measures the Average Amount of Error Per Forecast

question 109

True/False

Forecast bias measures the average amount of error per forecast, so a positive value means that forecasts tended to be too low.

---

Definitions:

Cytokinesis

The process during cell division in which the cytoplasm of a single eukaryotic cell is divided to form two daughter cells.

Eukaryotic Chromosomes

Linear DNA molecules contained in the nucleus of eukaryotic cells, associated with a large variety of proteins such as histones, facilitating gene regulation and chromosome organization.

Histone Proteins

Proteins that package and order DNA into structural units called nucleosomes, playing a key role in gene regulation and expression.

Linear DNA

DNA molecules that are structured in a straight or nearly straight line, as opposed to being circular.