Question: A forecast that is slightly above the true value on average and has a low CV can be characterized as having: Select all correct answers

A forecast that is slightly above the true value on average and has a low CV can be characterized as having:

Select all correct answers

A negative Mean Deviation. Bias, low accuracy. Bias, high accuracy. No bias, high accuracy. A big Mean Absolute Percent Error. None of the above.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!