You Are Using an Exponential Smoothing Model for Forecasting

question 84

Multiple Choice

You are using an exponential smoothing model for forecasting. The running sum of the forecast error statistics (RSFE) are calculated each time a forecast is generated. You find the last RSFE to be 34. Originally the forecasting model used was selected because it's relatively low MAD of 0.4. To determine when it is time to reevaluate the usefulness of the exponential smoothing model you compute tracking signals. Which of the following is the resulting tracking signal?

• A) 85
• B) 60
• C) 13.6
• D) 12.9
• E) 8

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Definitions:

Counterconditioning

A behavior therapy technique that involves replacing an unwanted or negative response to a stimulus with a positive one.

Psychological Disorders

Psychological disorders are patterns of behavioral or psychological symptoms that impact multiple areas of life and/or create distress for the individual suffering from them.

Psychotherapy

A form of therapy that involves talking with a mental health professional to address emotional issues and mental disorders.

Free Association

In psychoanalysis, a method of exploring the unconscious in which the person relaxes and says whatever comes to mind, no matter how trivial or embarrassing.