Posted on by Judy

When forecasts are persistently above or persistently below the actual demands, this is called: Multiple Choice tracking. bias. linear regression. control charting. positive correlation.

This is called bias or forecasting bias.
This happen when forecasting is consistently above or below the actual demand as forecasting haing tendecy to become too high or two low.
A good forecast should be unbiased.
 
“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”

What Students Are Saying About Us

.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐
"Honestly, I was afraid to send my paper to you, but splendidwritings.com proved they are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"

.......... Customer ID: 14***| Rating: ⭐⭐⭐⭐⭐
"The company has some nice prices and good content. I ordered a term paper here and got a very good one. I'll keep ordering from this website."

"Order a Custom Paper on Similar Assignment! No Plagiarism! Enjoy 20% Discount"

Related posts:

  1. Multiple Regression Report
  2. Analysis With Correlation And Regression
  3. One of the assumptions of the simple linear regression model is that: Multiple Choice deviations around the line are normally distributed. predictions can easily be made beyond the range of observed values of the predictor variable. variations around the line are nonrandom. all possible predictor variables are included in the model. the variance of error terms (deviations) varies directly with the predictor variable.
  4. Does positive psychology assist in having a perfect mindset? Is it bias for someone to believe that society can act against positive emotion and self-efficacy?