Which of the following is incorrect? a)The forecaster should be able to defend w

Question

Which of the following is incorrect? a)The forecaster should be able to defend why a particular model or procedure has been chosen. b)Forecast errors should be discussed in an objective manner to maximize management’s confidence in the forecast process c)Forecast errors should not be discussed since most people know that forecasting is an inexact science d)You should tailor your presentation to the sophistication of the audience to maximize credibility in the forecast process e)None of the above

Explanation / Answer

C) Forecast errors should not be discussed since most people know that forecasting is an inexact science

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