With Reference to Exponential Forecasting Models, a Parameter That Provides

question 38

Multiple Choice

With reference to exponential forecasting models, a parameter that provides the weight given to the most recent time series value in the calculation of the forecast value is known as the

• A)moving average.
• B)regression coefficient.
• C)smoothing constant.
• D)mean forecast error.

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Definitions:

Systematic Analyses

The thorough and detailed examination of data or processes, following a methodical plan or procedure, to understand their structure or function.

Judicious Application

The careful and wise use of a principle or resource in a particular situation.

Qualitative Methods

Research methods that collect and analyze non-numerical data to understand concepts, thoughts, or experiences.

Quantitative Methods

Research techniques that focus on quantifying measurements and analyzing data statistically.