A Tracking Signal Greater Than Zero and a Mean Absolute

question 7

Multiple Choice

A tracking signal greater than zero and a mean absolute deviation greater than zero imply that the forecast has:

• A) no bias and no variability of forecast error.
• B) a nonzero amount of bias and a nonzero amount of forecast error variability.
• C) no bias and a nonzero amount of forecast error variability.
• D) a nonzero amount of bias and no variability of forecast error.

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Definitions:

Majority of Voters

Refers to the greater part or more than half of the total number of people who vote in an election or on a specific issue.

Efficient Programs

Initiatives or policies designed to achieve the intended outcomes with minimum waste of resources.

Political Process

The collection of activities that influence the policies, actions, and leadership of a government or society.

Counterproductive Activities

Actions or behaviors that hinder the achievement of a goal or the functioning of a process, often resulting in the opposite of the desired outcome.