Which of the following is likely to reveal a bias effect resulting from the forecast method in use?
A) MSE (mean squared error).
B) CFE (cumulative forecast error).
C) MAD (mean absolute deviation).
D) None of the above.

Name: Which of the following is likely to reveal a bias effect resulting from the forecast method in use? A) MSE (mean squared error). B) CFE (cumulative forecast error). C) MAD (mean absolute deviation). D) None of the above.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

CFE reflects the bias in the forecast.

Which of the Following Is Likely to Reveal a Bias