A Parameter of the Exponential Smoothing Model That Provides the Weight

question 1

Multiple Choice

A parameter of the exponential smoothing model that provides the weight given to the most recent time series value in the calculation of the forecast value is known as the _____.

• A) mean square error
• B) mean absolute deviation
• C) smoothing constant
• D) None of the answers is correct.

---

Definitions:

Unconditional Stimulus

In classical conditioning, a stimulus that inherently triggers a reflexive response without the need for prior learning.

Co-sleeping

The practice of parents and infants sleeping in close proximity to one another, which can facilitate bonding and breastfeeding.

Long-term Goal(s)

Objectives or outcomes that an individual aims to achieve over an extended period, often requiring sustained effort and planning.

Interdependence

A relationship between entities where each is mutually dependent on the others, often resulting in a complex system where the success of one is reliant on the others.