Forecasting Errors

Watch this video. Pay particular attention to the presentation of a summary of forecasting errors. In your personal life, what happens when your forecast of costs for a vacation holiday is less than your actual costs?

Source: P. R. Kulkarni, https://www.youtube.com/watch?v=L1XYdfo5qec
Creative Commons License This work is licensed under a Creative Commons Attribution 3.0 License.

Last modified: Tuesday, June 14, 2022, 4:25 PM