Which of the Following Is Likely to Reveal a Bias

question 53

Multiple Choice

Which of the following is likely to reveal a bias effect resulting from the forecast method in use?

• A) MSE (mean squared error).
• B) CFE (cumulative forecast error).
• C) MAD (mean absolute deviation).
• D) None of the above.

---

Definitions:

Functional Strategy

A focused approach that targets specific areas of an organization, such as marketing or finance, designing tactics to achieve the objectives within those domains.

Core Competencies

Essential strengths or skills of an individual or organization that give it an advantage in the market or contribute to its long-term success.

Mission Statement

A formal summary that describes the aims, values, and overall purpose of an organization or individual.

Branding Analysis

The study and evaluation of a brand's position in the marketplace, its strength, and strategies to improve its perception and value.