The Actual Value of a Variable for July Was 195

question 88

Multiple Choice

The actual value of a variable for July was 195.The researcher is using exponential smoothing with α = 0.30 and determines that the forecast value for August is 205.5.Then the forecast value for July was ______.

• A)200
• B)202
• C)205
• D)207
• E)210

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Definitions:

Referent Power

A form of personal power arising from the attraction others feel towards an individual or the desire to be like that individual.

Legitimate Power

The authority a person or position holds within an organization, recognized as rightful by its members, which allows them to influence others.

Managerial Authority

The power vested in managers to make decisions and direct subordinates within an organization.

Charismatic Personality

A set of personal attributes that enable an individual to exert significant influence or charm over others, often leading to strong leadership or followership.