A bias of -10 means
A. You are over forecasting
B. You are under forecasting
C. Your forecast is almost perfect
D. It tells you nothing about your forecast
______________Submit
Answer format: Text

Answers

Answer 1

You are under forecasting. A negative bias means that your forecast is consistently lower than the actual values.

What is forecasting bias and what causes them?

Forecast Bias: What Is It?

Predict bias is characterised as a propensity to either over- or under-forecast (forecast is greater than actual), which results in a forecasting inaccuracy.

There are a variety of causes for this prejudice, including systemic ones that were covered in a previous discussion on predicting bias. Among the main causes of a forecast bias are:

The sales crew seems to have a great deal of faith in their capacity to close deals, which inflates the final results. This is optimism bias.

Sandbagging bias: This is the opposite of the aforementioned, and I have observed it in situations where well-intentioned executives built a system of compensation based on surpassing projections, which in turn produced a culture of sandbagging.

Anecdotal bias: I have heard of several cases in which client staff have been reluctant to see something because of a horrific incident that occurred in the past and is now a part of the business narrative, regardless of what the data is saying them. Therefore, based on the tales, their projection is skewed.

Recent data bias: This is likely true of all procedures involving people. In our minds, the more recent events are more significant. This might lead to an overreaction based on the most recent occurrences in the case of predicting.

Silly bias: Amor Tversky and Daniel Kahneman invited participants in research to estimate the number of nations in Africa. But before asking them to guess, they first showed them a number. They discovered that, on average, when users were presented a larger number before answering the question, their estimates for some nations increased and decreased, respectively. This leads me to believe that trivial things you noticed before you started making the prediction may have an effect on it.

To learn more about economic forecasting visit:

https://brainly.com/question/28478878

#SPJ4


Related Questions

In what type of economy do people officials determine the 3 basic economic questions?

Answers

Most likely a Command economy.

Besides individuals, who else pays taxes in our country?

Answers

Answer:

Aliens?

Explanation:

A weekly report for new agents at a vacation sales company is shown in the histogram. A histogram titled Vacation Packages has number of packages sold on the x-axis and number of salespersons on the y-axis. 9 sold 1 to 2 packages; 7 sold 3 to 4; 4 sold 5 to 6; 3 sold 7 to 8; 2 sold 9 to 10; 1 sold 11 to 12; 2 sold 13 to 14; 3 sold 15 to 16. How many of the new agents sold more than 10 vacation packages?

Answers

Answer:

6 salespersons

Explanation:

A histogram shows the graphical representation of the distribution of numerical data using bars of different lengths.

From the histogram:

The number of salespersons who sold 11 - 12 packages = 1

The number of salespersons who sold 13 - 14 packages = 2

The number of salespersons who sold 15 - 16 packages = 3

Therefore the new agents who sold more than 10 vacation packages = 1 + 2 + 3 = 6 salespersons

Answer:its 6

Explanation:i took the quiz and i know the answer

Prepare a report on environmental sanitation. Include the impacts, causes, and prevention methods​

Answers

Answer and Explanation:

Environmental sanitation is carried out through a series of public investments that seek to promote environmental control in a region. The impacts of this type of sanitation must be positive, since it is through it that a community can present adequate garbage collection, treated water supply, sewage treatment, correct disposal of human waste, cleaning of public roads, basic sanitation, among others . All of this promotes human development, the well-being of the population and environmental preservation.

The causes of environmental sanitation are the need to establish social policies that promote better living conditions and that optimize the health of citizens without degrading the environment.

5. Describe how Chris used networking to his advantage in getting an internship
Witter and signing new clients.

Answers

Answer:

is there more information for this question?

Which of the following tips can help you avoid electrical
shock from a computer? (Select three answers.)
Unplug the computer before performing maintenance.
| Keep liquids away from the computer.
Open up the computer while it is turned on to see
what's wrong.
D Use only the keyboard and not the mouse when
performing maintenance.
Make sure the computer doesn't have worn out wiring.
Wash the inside of the computer with water to keep it clean.

Answers

Answers:


1) Unplug the computer before preforming maintenance.

2) Keep liquids away from computer.

3) Make sure the computer doesn’t have a worn out wiring.


I hope this helped :)

While using a debit card increases the speed and efficiency of business transactions, what effect can this have on a person's money management skills?

Answers

Often, using a debit card doesn’t feel like you are using real money, because it is so simple and efficient. This can cause people to buy more than they have in their checking account, often resulting in overdraft fees and poor budgeting.

The person can set his or her financial goal and this will result in preplanning the funds. This makes the platform an easy target to transact with and more efficient.

What is a financial goal?

A financial goal is an objective or plan for handling money. It is a function of how much money you make, spend, save, or invest. Depending on their need for a financial objective, such as pension planning, a person or individual might define their own financial goals.

The person who is a using debit card or a credit card. This would help the person in maintaining their efficiency and a budget. They can even set a limit through which they can be allowed to transit.

Also, they can use ODIs which is overdraft as well as bills receivable. This would increase their efficiency and money management.

Learn more about financial goal, here:

https://brainly.com/question/28302353

#SPJ2

Understanding the legal ramifications what types of policies should organizations implement when using social media tools for recruitment

Answers

Answer:

Social media is a vital tool for online recruitment in the large MNCs now-a-days.

Explanation:

In the recent, there is a trend of recruiting the new professionals through various online platforms and other social media tools.

With social media many legal consideration comes into account. The organizations while handling social media tools for recruitment has to look on various important points while posting their advertisement and collecting the data of the candidates online. There are severe legal ramifications on using social media in a wrong way, so organization have to be ethical while using them.

Firstly, they should respect the privacy of the social media communities.Professionalism and rules of ethics should be applied.They should respect the copyright laws.

Problem 17-1A Comparing costs using ABC with the plantwide overhead rate LO P1, P3, A1, A2

Answers

Answer:

$67.50 per hour

Explanation:

Setup Cost = $312,500

Transportation Cost = $10,000

Direct Labor cost $25,500

Modification of machine cost $12,000

Insurance of Factory Premises $28,000

Raw material Cost $118,250

Machine hours = 7,500 hours

labor hours = 3,500  hours

Total manufacturing Overheads = $506,250 / 7,500 = $67.5 per hours

Which of the following explains how revenue is determined?

A. The total amount of money brought in by sales.

B. Gross domestic product is calculated.

C. Costs are subtracted from revenues.

D. The maximum level of benefits is figured.​

Edit: Its not C

Answers

Answer:

A. The total amount of money brought in by sales.

most stock exchanges today use electronic trading

Answers

True

(Not sure what was the question about but I’m guessing it’s a true/false?)

hope this helps :)

Explain incentives and opportunity cost. Also give an example of both.

PLEASE ANWSER THIS AS A QUESTION YOU HAVE BEEN GIVING SO I CAN COPY AND PASTE PLEASE.

Answers

Answer:

Incentives are the rewards or punishments that shape people's choices. Incentives can be either monetary or non-monetary. When opportunity costs change, incentives change, and people's choices and behavior change. Changes in incentives cause people to change their behavior in predictable ways.

Explanation:

I think that is correct

2) On the basis of the calculations you have made, explain which location Saber should
choose.

Answers

Answer:

Explanation:

physical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributes

The user growth rate of a social media platform decreased by 15% per month. On January 1, the platform had 20 million users. If growth decreases at 15% each month, how many will it have by year end?

Answers

Answer:

2.844835 million current users

Explanation:

20 million x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85

HELP ME PLEASE!!!
when is it usually best to choose a variable rate home mortgage?
A. if you plan to stay there many years.
B. if you plan to stay there a short time before moving again.
C. if you plan to rent it out.
D. if you plan to have a large family.

Answers

Answer:

A...............maybe D

Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.

1:) True

2:) False

Answers

True




I guess don’t be mad if I’m wrong

Theta Inc. uses normal costing and applies overhead based on direct material costs. The predetermined overhead rate for the current year is 250% of direct material costs. During the year, $3,500,000 of direct material costs and $4,000,000 of direct labor costs were incurred. Theta's applied overhead is:

a. $9,375,000.

b. $1,600,000.

c. $8,750,000.

d. $1,400,000.

Answers

Answer:

a. $9,375,000.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

Pete and Shirley are filing a joint return. They have two dependent children. What is the total amount of their exemptions for tax year 2019? A. $0 B. $4,200 C. $8,400 D. $16,800

Answers

Answer:

A. $0

Explanation:

The Tax Cuts and Jobs Act eliminated personal exemptions starting 2018. It also increased standard deductions though. For example, the standard deduction for married filing jointly for 2019 was $24,400. This is a significant increase if you consider that the standard deduction for married filing jointly in 2017 was $12,700.

How can the government be both a producer and a consumer in respect to its relationship with business

Answers

Answer:

they gonna tinda and be kind to the coatumets

Answer:

they are gonna tinda and be nice to the caotmautes

On 3/1/X1 Landlord Co. received a $36,000 cash payment from Renter Co. to pay for a total of 17 months, starting in the current month. How much revenue should Landlord Co. recognize in the year ending 12/31/X1? Round your answer to the nearest penny.

Answers

Answer: $21177

Explanation:

First and foremost, we should note that since the revenue that Landlord Co. wants to recognize in the year ending 12/31/X1 will be for a period of 10 months that is, from 1st of March to 31st of December.

Therefore, the revenue that Landlord Co. should recognize in the year ending 12/31/X1 will be:

= $36000 × 10/17

= $21176.471

= $21177

Click this link to view O*NET's Tasks section for Actors.
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Actors? Check all that apply.
creating artwork for use in stage sets
collaborating with other actors
working closely with directors, other actors, and playwrights to find the interpretation suited to the role
studying and rehearsing roles from scripts
learning about characters in scripts and their relationships to each other
teaching college classes and training other people how to become actors

Answers

Answer: B C D E

Explanation:

Did the assignment

To find the interpretation suited to the role, studying and rehearsing roles from scripts, learning about characters in scripts and their relationships to each other and teaching college classes and training other people how to become actors are common tasks performed by Actors. Hence, options B, C, D and E are correct.

Who is a director of a movie?

The directors are the movie's creative leaders. They uphold the artistic vision throughout pre-production and final editing. They are employed by the executive producer or producer, who is ultimately in control of a production.

A film director's responsibilities include reading and editing scripts, overseeing the cast and crew, and putting the final product together. The actors and other crew members will work with you to ensure that the movie ultimately reflects the aesthetic vision for the finished result.

Thus, options B, C, D and E are correct.

For more details about director of a movie, click here:

https://brainly.com/question/12107544

#SPJ5

What are three ways to discover how to involved in your chosen career field

Answers

Answer:

Research industry information. ...

Find out about professional associations. ...

Research career options using LinkedIn.

What are some common spreadsheets applications?​

Answers

USES ( APPLICATIONS) of spreadsheet are;

1) to create budgets : Excel can be used in creation of budget s which is the estimation of revenue as well as expenses which covers specified future period of time.

2)produce graphs and charts: it's application is helpful in creating graphs in mathematics as well as statistics

3 for storing and sorting data: Data sorting can be done using spreadsheet. It involves arrangements of data into an order in order to make analysis of the data easier.

SPREADSHEET APPLICATION

1)Microsoft Excel : This is used in data

crunching , it can handle large data sets.

2)LibreOffice : it's applicable in Calc for a free as well as native spreadsheet app.

4) Smartsheet: is useful when handling

task involving non-spreadsheet and can be used for project management.

5)Quip : it's useful for integration of

spreadsheets into shared documents.

DO you like Anne with an E?​

Answers

Answer:

meh

Explanation:

it's okay. I kind of don't like how they stayed from the book but all the scenes were shot beautifully, and the actors did great. I only watched a few so I cant give more than a "meh" but I do like what I'm seeing so far

review of the nigerian economy​

Answers

Answer:

amazing

Explanation:


Nigeria's economic freedom score is 57.2, making its economy the 116th freest in the 2020 Index. Its overall score has decreased by 0.1 point, reflecting a decline in the fiscal health score.

3. Why are people who are unemployed but not looking for work not included in
the unemployment figures? (Hint: think of teenagers)
Need help due TODAY

Answers

Answer:

Because they don't keep track on it.

Explanation:

Basically they are just included in it because they don't keep track of it. Hope that helps!

Burning of candle is which change?(chemical change or physical change)​

Answers

Burning a candle is a physical change
Hope that helped

Answer:

physical as it is getting smaller, but I would also say chemical as it's changing into melted wax? more of a physical change for me. hope this gelps

Which economic system is based on an idea of equality of result; that regardless of how well off somebody starts, all
should be guaranteed an equal success?
O A. Traditional
B. Command
OC. Mixed
D. Market

Answers

B. Command

What your describing sounds a lot like communism which would be found under a command economic system

Answer:

D.Market

Explanation:

A market economy conforms to formal equality of opportunity only if jobs offered by business firms are publicized in advance, so that anyone who might want to apply has a reasonable opportunity to do so.

If the country wants to move from its current point and produce 10 more tons of food, it must produce...

O 5 more tons of clothing

O 5 fewer tons of clothing

10 more tons of clothing

O 10 fewer tons of clothing

Answers

5 fewer tons of clothing

Here is selected financial statement data regarding a company's property, plant, and equipment. Balance Sheet: Dec. 31, 2018 Dec. 31, 2017 Property, plant, and equipment $ 563,000 $ 294,000 Accumulated depreciation 286,000 237,000 Income Statement: 2018 Depreciation expense $ 105,000 Gain on sale of property, plant, and equipment 26,000 During the year, PPE with a book value of $23,000 were sold. In the statement of cash flows, the investing activities section should show a cash disbursement for "purchases of property, plant, and equipment" for $ _________.

Answers

Answer:

$292,000

Explanation:

price of old equipment sold = $26,000 + $23,000 = $49,000 (cash inflow)

new equipment purchased = $563,000 - $294,000 + $23,000 = $292,000 (cash outflow)

cash flow from investing activities:

cash disbursed for purchasing new equipment = ($292,000)

cash received from sale of old equipment = $49,000

net cash flow from investing activities = ($243,000)

Other Questions
Question 5 Multiple Choice Worth 2 points)(Multiplying and Dividing with Scientific Notation MC)Multiply (2.36 x 108.4 x 105) Write the final answer in scientific notation01.9824 x 10-^7O 19.824 x 10^601.9824 x 10^-134O 19.824 x 10^-135 find the perimeter of a triangle where one side is 2 inches, one side is 6 inches and another side is 10 inches. (a) 2in. (b) 9in. (c) 36in. (d) 18in. I forgot how to solve this type of math equation draw formulas that illustrate the hydrogen bonding that may exist between two polyamide molecules of nylon sales for adidas grew at a rate of 0.5196 in year 1, 0.0213 in year 2, 0.0485 in year 3, and 0.0387 in year 4. the average growth rate for adidas during these four years is the closest to __________. TRUE/FALSE.James MacGregor Burns is the scholar responsible for identifying the three kinds of leadership values. Table: Lunch Price Quantity Demanded $10 0 9 10 8 20 7 30 6 40 5 50 4 60Use Table: Lunch. This table shows market demand for picnic lunches for people taking all-day rafting trips on the river. Joe has a firm providing this service, and his marginal cost and average cost for each lunch are a constant $4. If Joe is a monopolist, what price will he charge for a lunch in the long run?A) $7B) $3C) $5D) $9 carl and carly are american residents. carl buys stock of a corporation in austria. carly opens a coffee shop in austria. whose purchase, by itself, decreases austrias net capital outflow? Which of the following strategies can be very attractive when a firm's suppliers or buyers have too much power over the firm and are becoming increasingly profitable at the firm's expense?a. Unrelated diversificationb. Vertical integrationc. Forward horizontal integrationd. Market penetratione. Backward horizontal integration Under a floating exchange-rate system, if American exports increase and American imports fall, the value of the dollar will:a. Appreciateb. Depreciatec. Be officially revaluedd. Be officially devalued What is the Ka of the acid HA given that a 1.20 M solution of the acid has a pH of 0.20? The equation described by the Ka value isHA(aq)+H2O(l)A(aq)+H3O+(aq) if a sewage utility is permitted to cover its fixed and variable costs and to make a normal level of profit it is commonly referred to as The first floor of a house consists of a kitchen, playroom, and dining room. The areas of the kitchen, playroom, and dining room are in the ratio 4:3:2. The combined area of these three rooms is 144 square feet. What is the area of each room? a transformational manager engages and empowers employees to take personal responsibility for solving problems through You want to study the oxygen binding ability of hemoglobin at pH 7.21 and pH 7.60. You decide to use a phosphate buffer.a) How would you make up 500 ml of 50 mM phosphate buffer, pH 7.21, starting with 1.00 M H3PO4 and either 10.0 M HCl or 10.0 M NaOH?b) How would you make up 500 ml of 50 mM phosphate buffer, pH 7.60, starting from your 50mM phosphate buffer at pH 7.21? You are setting up a small home network. You want all devices to communicate with each other. You assign ipv4 addresses between 192. 168. 0. 1 and 192. 168. 0. 6 to the devices. What processes must still be configured so that these nodes can communicate with the internet? Prove or disprove: If the columns of a square (n x n) matrix A are linearly independent, so are the rows of A3AAA A circle with circumference 72 is divided into 10 congruent sectors. Find the area of two sectors. Round to the nearest tenth Using the theory of Supply and Demand, which of the following would we predict:A) We observe prices increasing after we observe some change that might create a shortage.B) We observe prices increasing after we observe some change that might create a surplus.C) We observe prices decreasing after we observe some change that might create a shortage.D) We observe a shortage after we observe some change that creates a price increase. utilitarians generally do not include non-human animals into their calculations on the greatest good for all concerned. group of answer choices true false previousnext