Which of the Following Is a Possible Source of Bias

question 64

Multiple Choice

Which of the following is a possible source of bias error in forecasting?

• A) Failing to include the right variables
• B) Using the wrong forecasting method
• C) Employing less sophisticated analysts than necessary
• D) Using incorrect data
• E) Using standard deviation rather than MAD

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Definitions:

Durkheim's Approach

Centers on the study of societal structures and the function of social norms in maintaining cohesion and order in society, devised by sociologist Émile Durkheim.

Modern Society

Societies characterized by significant technological advancement, urbanization, complex social structures, and secular governance, typically emerging after the Industrial Revolution.

Fear-Gender Paradox

The phenomenon whereby women experience higher rates of fear of being victimized even though men are more likely to be victims of crime.

Welfare Recipients

Individuals or households that receive government assistance to help meet their basic needs.