Question: What is a forecast bias? It is error that is introduced into the data that causes consistent over forecasting. It is a persistent tendency for

What is a forecast bias?
It is error that is introduced into the data that causes consistent over forecasting.
It is a persistent tendency for a forecast to be under or over the actual values.
It is the result of random variations that cause error in the forecast to be greater.
The forecast measures the wrong item.
What is a forecast bias? It is error that is

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