Question: A positive forecast error indicates that the forecasting method _ _ _ _ _ _ _ _ the dependent variable. overestimated underestimated accurately estimated closely

A positive forecast error indicates that the forecasting method ________ the dependent variable.
overestimated
underestimated
accurately estimated
closely approximated

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!