Examlex
The amount of time between successive TV watching by first graders follows an exponential distribution with a mean of 10 hours.The probability that a given first grader spends more than 5
hours between successive TV watching is .
Smoothing Constant
A factor used in exponential smoothing methods for forecasting, affecting the weight given to historical data.
Forecast
The process of making predictions about future events or trends based on past and current data analyses.
Smoothing Constant
A parameter used in exponential smoothing methods for time series data to control the degree of smoothing applied to the data.
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