Which of the following is true about forecast bias?
A) It is the mean absolute deviation.
B) It is equal to the square root of the MSE.
C) When it is negative it means that the forecasts tended to be high.
D) When it is positive it means that the forecasts tended to be high.
C
You might also like to view...
After building awareness, the next stage in the development of a partnership is:
A. commitment. B. recognition. C. expansion. D. exploration. E. insight.
The American Institute of Certified Public Accountants creates the CPA Exam, while individual states issue CPA certificates and permits CPAs to practice.
Answer the following statement true (T) or false (F)
The following information is provided by Glinda Systems
Project A Project B Project C Project D Initial investment $424,000 $212,000 $552,000 $504,000 PV of cash inflows $588,000 $396,000 $800,000 $402,000 Payback period (years) 3.6 3.2 4.0 2.0 NPV of project $164,000 $184,000 $248,000 $102,000 What is the profitability index for Project B? (Round your answer to two decimal places.) A) 1.92 B) 1.36 C) 1.25 D) 1.87
In college and graduate school admissions, the use of race in evaluating applicants: A) is a violation of Title VII
B) is permitted if it is one of other factors. C) is permitted as part of a quota program. D) is permitted if there is advance disclosure of its use.