Question: In examining the data below, the manager exclaimed that he was very happy to see no bias in the forecasts. How would you respond to
In examining the data below, the manager exclaimed that he was very happy to see no bias in the forecasts. How would you respond to the manager?
Question options:
You are correct.
Im sorry, but there is a slight negative bias.
Im sorry, but there is a slight positive bias.
There is no way to estimate bias with the given information.
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