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An Exponential Smoothing Model Must Have a Smoothing Constant (α)

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An exponential smoothing model must have a smoothing constant (α) _____ to be roughly equivalent to a moving average model with a seven-month moving average.


Definitions:

College Students

Individuals enrolled in institutions of higher education pursuing undergraduate, postgraduate, or other advanced levels of academic degrees.

Effect Size

The extent to which two variables are associated. In experimental research, the magnitude of the impact of the independent variable on the dependent variable.

Independent Variable

A variable that is manipulated or controlled in an experiment to observe its effect on a dependent variable.

Field Experiments

Research studies conducted in natural settings outside the laboratory to investigate the effect of manipulated variables in real-world situations.

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