Question: What does 'bias' in forecasting refer to ? Random fluctuations Consistent overestimation or underestimation Seasonal variations Irregular demand patterns

What does 'bias' in forecasting refer to?
Random fluctuations
Consistent overestimation or underestimation
Seasonal variations
Irregular demand patterns
What does 'bias' in forecasting refer to? Random fluctuations Consistent overestimation

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