To improve future analyst forecasts using the statistical properties of past forecasts, a regression model can be fitted to past forecasts. The intercept of the regression is a __________ coefficient, and the regression beta
Represents a __________ coefficient.
A) bias; precision
B) bias; bias
C) precision; precision
D) precision; bias

Question

Quizplus · Accepted Answer

The estimated equation adjusts future forecasts for direction and magnitude of bias and degree of imprecisionin past forecasts.

To Improve Future Analyst Forecasts Using the Statistical Properties of Past