Forecast error
A)takes a positive value when the forecast is too high.
B)cannot be negative.
C)cannot be zero.
D)is associated with measuring forecast accuracy.

Name: Forecast error A)takes a positive value when the forecast is too high. B)cannot be negative. C)cannot be zero. D)is associated with measuring forecast accuracy.
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Question

Quizplus · Accepted Answer

Forecast error is used to measure the accuracy of a forecast by comparing the predicted values to the actual values.

Forecast Error