If Average Forecast Error Is Positive, It Indicates That the Forecast

question 123

True/False

If average forecast error is positive, it indicates that the forecast is biased high.

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Definitions:

Unconditioned Stimulus

An innate trigger that automatically elicits a response, without any requirement for previous learning.

Classical Conditioning

A training method where a previously insignificant stimulus is linked with a significant one, gaining the ability to provoke comparable reactions.

Cat Food

A type of animal feed specifically formulated to meet the nutritional needs of domestic cats.

Backward Conditioning

A conditioning method where the unconditioned stimulus is presented before the conditioned stimulus, which is less common and generally less effective than forward conditioning.