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.

---

Definitions:

Social Facilitation Theory

The theory that the presence of others enhances performance on simple tasks but may impair performance on complex tasks due to increased arousal.

Dominant Responses

The prevalent or automatic actions, reactions, or responses that are most likely to occur in a given situation, especially under stress or pressure.

Open Shared Spaces

Areas or environments designed to be openly accessed and used by multiple people, promoting interaction and community engagement.

Office Style

The aesthetic and functional design of workspace environments, including layout, furniture, and decor.