Consider the Following Single Exponential Smoothing Model: S_t = $\alpha$ X_t + (1-

question 30

Multiple Choice

Consider the following single exponential smoothing model: S_t = $\alpha$ X_t + (1- $\alpha$ ) S_t-1
You are given the following data:
=0) 1, X_t=0.5,S_t-1=0.2 If we believe that the true DGP can be approximated by the exponential smoothing model, what would be an appropriate 2-step ahead forecast for X? (i.e. a forecast of X_t+2 made at time t)

• A) 0.2
• B) 0.23
• C) 0.5
• D) There is insufficient information given in the question to form more than a one step ahead forecast.

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Definitions:

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Program that attempts to bring about workplace harmony by teaching people how to get along with diverse work associates; often aimed at minimizing open expressions of racism and sexism.

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The diverse ways in which cultures manifest in beliefs, values, practices, and social behaviors.

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The capabilities related to physical performance, such as strength, flexibility, endurance, and coordination, often discussed in contexts like health, sports, and job requirements.

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The practice of including individuals of various backgrounds, cultures, races, genders, and abilities within an organization to enhance its creativity and productivity.