Question: A positive forecast error indicates that the forecasting method did what to the dependent variable? A ) Overestimated it B ) Underestimated it C )
A positive forecast error indicates that the forecasting method did what to the dependent variable?
A Overestimated it
B Underestimated it
C Accurately estimated it
D Closely approximated it
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
