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:

Negative Attitude

A pervasive pattern of thinking or feeling about people, situations, or oneself in a pessimistic or detrimental manner, often leading to adverse outcomes or behaviors.

Work/Life

The balance or integration of work and personal life, focusing on managing career and personal or family needs effectively.

Stress

A state of mental or emotional strain or tension resulting from adverse or demanding circumstances.

Fight-Or-Flight Response

The body's automatic physiological reaction to a perceived threat, preparing an individual to either confront the situation or flee.