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To Automate Routine Tasks to Help Firms Search for and Filter

question 10

Multiple Choice

To automate routine tasks to help firms search for and filter information for use in electronic commerce and supply chain management a firm would most likely use which of the following?


Definitions:

Exponential Smoothing Model

A forecasting technique that applies decreasing weights to past observations as they recede into the past.

Level Significance

The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically denoted as alpha (α).

RMSE

Root Mean Square Error, a measure of the magnitude of differences between values predicted by a model or an estimator and the values observed.

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