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:

Exact Replications

The attempt to precisely recreate the conditions and methodology of a study to verify its findings, with no alterations.

Meta-Analysis

A statistical method that combines the results of multiple scientific studies to arrive at a conclusion that has greater statistical power.

Literature Review

A comprehensive overview of existing research and publications on a specific topic.

Data Analysis

The process of systematically applying statistical and/or logical techniques to describe, illustrate, condense, recap, and evaluate data.