In the Exponential Smoothing (ES) Technique, the Value of Alpha

question 14

Multiple Choice

In the exponential smoothing (ES) technique, the value of alpha, the smoothing constant:

• A)may assume any non-negative value.
• B)determines the forecasting model's responsiveness to abrupt changes.
• C)typically is at the higher end in the range of possible values.
• D)is preset by the analyst and not subject to validity testing.

Examine the differences between mutual and stock life insurance companies, and their policy offerings.

Recognize the impact of policyholder's age and policy type on life insurance premiums.

Acknowledge the purpose and benefits of different life insurance policy options and adjustments.

Understand the distinction between term and permanent life insurance.

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Definitions:

Clarify Data

The process of making data easier to understand by simplifying, cleaning, or reorganizing it, often to support better decision-making.

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Control Box

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Record Selectors

User interface elements or controls in database applications that allow users to select or highlight specific records from a list or table view.