A Persistent Tendency for Forecasts to Be Greater Than or Less

question 5

Multiple Choice

A persistent tendency for forecasts to be greater than or less than the actual values is called:

• A)bias.
• B)tracking.
• C)control charting.
• D)positive correlation.
• E)linear regression.

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Definitions:

Diffusion

The process by which an innovation, idea, or trend spreads through a population or society.

Creative Deviance

The act of generating and implementing novel and unconventional ideas or solutions within an organizational setting, despite potential opposition.

Idea Champions

Individuals who actively support, promote, and ensure the adoption of new innovations or ideas within an organization.

Innovation

The process of creating, introducing, and applying new ideas, devices, or methods.