Positive forecast errors mean that the forecast:
A) was too high.
B) was too low.
C) was accurate.
D) was irregular.
E) none of the choices.

Name: Positive forecast errors mean that the forecast: A) was too high. B) was too low. C) was accurate. D) was irregular. E) none of the choices.
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Question

Quizplus · Accepted Answer

Positive forecast errors indicate that the actual value was higher than the forecasted value, meaning the forecast was too low.

Positive Forecast Errors Mean That the Forecast