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A CFE of -140 suggests which of the following?   Group of answer choices a. There is a bias towards over forecasting, though we cannot determine from the data provided whether that is severe bias or not b. There is a severe bias towards overforecasting c. There is a bias towards under forecasting, though we cannot determine from the data provided whether that is severe bias or not d. There is a severe bias towards under forecasting e. Bias is negligible in this case

A CFE of -140 suggests which of the following?   Group of answer choices a. There is a bias towards over forecasting, though we cannot determine from the data provided whether that is severe bias or not b. There is a severe bias towards overforecasting c. There is a bias towards under forecasting, though we cannot determine from the data provided whether that is severe bias or not d. There is a severe bias towards under forecasting e. Bias is negligible in this case

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question 21
 
A CFE of -140 suggests which of the following?
 
Group of answer choices
a. There is a bias towards over forecasting, though we cannot determine from the data provided whether that is severe bias or not
b. There is a severe bias towards overforecasting
c. There is a bias towards under forecasting, though we cannot determine from the data provided whether that is severe bias or not
d. There is a severe bias towards under forecasting
e. Bias is negligible in this case
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