When Using Exponential Smoothing,if You Want the Forecast to React

question 91

Multiple Choice

When using exponential smoothing,if you want the forecast to react quickly to movements in the series,you should choose

• A)values of near 1.
• B)values of near 0.
• C)values of midway between 0 and 1.
• D)the values based on the particular data set.

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Definitions:

Check Register

A record of all checks written, deposits made, and balances in a checking account, used for managing finances.

Bank Statement

A summary of financial transactions that have occurred over a given period on a bank account.

Outstanding Checks

Checks that do not appear on the bank statement.

Compounded Monthly

Refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a monthly basis.