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Analysts are encouraged to develop forecasts that are realistic, objective, and unbiased

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Analysts are encouraged to develop forecasts that are realistic, objective, and unbiased. Some analysts tend to be optimistic, some conservative. Describe the different risks and incentives that analysts face and how these different risks and incentives lead to different biases when predicting uncertain outcomes. Use specific examples to illustrate your ideas. In replies to peers, discuss whether you agree or disagree with their ideas and justify your stance using the topic materials.