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What Are the Consequences of Excessive Optimism or Pessimism in Forecasting

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What are the consequences of excessive optimism or pessimism in forecasting expected project cash flows?


Definitions:

Results Section

The part of a research paper or report where the findings from the conducted analysis are presented and explained.

Statistical Language

The specialized language, including terminology and symbols, used in statistics for the analysis, interpretation, and presentation of data.

Method Section

A part of a research paper or report that describes how the research was conducted, including participants, materials, and procedure.

Participants Characteristics

Traits or features defining the individuals participating in a study, including demographic, socioeconomic, and psychological attributes.

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