Examlex
Which promotion exemplifies the use of a fixed-ratio schedule of reinforcement?
Exponential Smoothing
A weighted moving average forecasting technique in which data points are weighted by an exponential function.
Simple Moving Average
A statistical method used to analyze data points by creating a series of averages of different subsets of the full data set.
Responsiveness
The ability of a company or system to quickly react to changes in demand, customer preferences, or market conditions, often critical for maintaining high levels of customer satisfaction.
Mean Squared Error
A measure of the average squared difference between the estimated values and what is estimated, often used in statistics and machine learning to assess the accuracy of models.
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