If a Forecast Is Consistently Greater Than (Or Less Than)

question 3

True/False

If a forecast is consistently greater than (or less than) actual values, the forecast is said to be biased.

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Definitions:

Environmental Regulation

Laws and rules enforced by governments to control human activities that impact the environment, aiming to reduce pollution and protect natural resources.

Pollutant

Substances that contaminate the environment, causing harm to ecosystems, human health, and the climate.

Injunctive Relief

A court-ordered act or prohibition against certain actions that are likely to cause irreparable harm or injustice.

Pollution

The introduction of contaminants into the natural environment, causing adverse change and harm to ecosystems and human health.