In Exponential Smoothing, If the Smoothing Constant, Alpha, Is 1

question 13

True/False

In exponential smoothing, if the smoothing constant, alpha, is 1, you will get the same forecast as obtainable using the last period technique.

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Definitions:

Mental Aptitudes

Natural abilities or talents that can influence cognitive processes such as learning, reasoning, and problem-solving.

Heredity

The genetic transfer of characteristics from parents to offspring.

Standardize Intelligence Tests

Psychometric tests that are designed and administered in a consistent manner to measure aspects of an individual's intelligence or cognitive abilities.

Mental Age

A measure of a person's cognitive abilities in comparison to what is typical for their chronological age.