A company has the data shown in the chart below concerning its forecast performance over the past five time periods.
-In examining the data above, the manager exclaimed that she was very happy to see no bias in the forecasts. How would you respond to the manager?
A) The manager is correct.
B) I beg to differ, but there is a slight negative bias.
C) I beg to differ, but there appears to be slight positive bias.
D) There is no way one can estimate bias looking at the data.
E) Need more information to answer the question
Correct Answer:
Verified
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