If a Researcher Is Using Exponential Smoothing and Determines That

question 27

Multiple Choice

If a researcher is using exponential smoothing and determines that the forecast for the next period (F_{t + 1}) is the average of the actual value for the previous period (X_t) and the forecast value for the previous period (F_t) , then α = ______.

• A)0.35
• B)0.40
• C)0.50
• D)0.55
• E)there is not enough information to determine the value of α

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Definitions:

New Buy

A transaction situation characterized by a consumer purchasing a product or service for the first time, which involves a higher level of decision-making and risk.

B2B Buying Situation

The context or scenario surrounding a purchase decision made by a business from another business, including factors such as urgency, budget, and specifications.

New Buy

A situation where a customer purchases a product or service for the first time, usually involving more decision-making efforts and information search.

Organizational Culture

The shared values, norms, and practices that dictate how people interact and work together within an organization.