When the Smoothing Constant α = 0, the Exponential Smoothing

question 68

True/False

When the smoothing constant α = 0, the exponential smoothing model is equivalent to the naïve forecasting model.

Describe the functionalities and applications of robots and digital assistants.

Understand the concepts and implications of augmented reality.

Know the purpose and operation of recommendation engines.

Understand the use of digital tools in emergency situations and for gathering public contributions.

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Definitions:

Insured

A person or entity covered by an insurance policy, receiving protection against specified risks in exchange for premium payments.

Proof of Loss

A formal statement made by a policyholder to an insurance company detailing a claimed loss's circumstances and amount.

Fire Insurance Policy

A contract between an individual or entity and an insurance company, offering protection against losses or damage from fire in exchange for premium payments.

Insured

An individual or entity covered by an insurance policy, receiving protection against specified risks.