Question: Analysts are encouraged to develop forecasts that are realistic, objective, and unbiased. Some analysts tend to be optimistic, some conservative. Describe the different risks and
Analysts are encouraged to develop forecasts that are realistic, objective, and unbiased. Some analysts tend to be optimistic, some conservative. Describe the different risks and incentives that analysts face and how these different risks and incentives lead to different biases when predicting uncertain outcomes. Use specific examples to illustrate your ideas
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