If the Time Series in an Exponential Smoothing Model Exhibits

question 8

Multiple Choice

If the time series in an exponential smoothing model exhibits a negative trend, the _____.

• A) mean square error will be negative
• B) value of smoothing constant will either be less than zero or greater than one
• C) forecast will overshoot the actual values
• D) future forecasts will rely solely upon expertise of people in developing forecasts

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Definitions:

Citizen Services

Services provided by the government to its citizens aimed at ensuring their welfare, safety, and rights are maintained.

Communication needs

The requirements necessary for effective exchange of information, including clarity, accessibility, and relevance of the communication channels and messages.

Legislators exercise

The activities undertaken by lawmakers, such as debating bills, crafting legislation, and voting, to fulfill their duties and responsibilities.

Public agencies

Governmental bodies that operate at the federal, state, or local level to provide public services and enforce laws.