If average forecast error is positive, it indicates that the forecast is biased high.
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Q16: The Delphi method develops a consensus forecast
Q17: A seasonal pattern is an up-and-down repetitive
Q18: Qualitative methods are the least common type
Q19: A cycle is an up-or-down movement in
Q20: Data cannot exhibit both trend and cyclical
Q22: A(n) _ is an up-and-down repetitive movement
Q23: Daily operations are assisted by _-range forecasting
Q24: In the regression equation y=a+bx, the slope
Q25: The dependent variable in linear regression is
Q26: Regression is used to relate one variable
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