The Principle Characteristic of Case Studies Is That They Examine

question 40

Multiple Choice

The principle characteristic of case studies is that they examine

• A) Past records that are often publicly available
• B) Individual instances of some phenomenon
• C) The differences between groups
• D) The results of questionnaires

---

Definitions:

Smoothing Constant

A parameter used in exponential smoothing models to weigh the significance of the most recent observation in forecasting.

Time Series

Time Series refers to a sequence of data points collected or recorded at successive times, often at regular intervals.

Exponential Smoothing

A time series forecasting method for univariate data that applies decreasing weights over time.

Liquor Sales

The revenue generated from the sale of alcoholic beverages.