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Checking accounts were seldom or never used in command socialist economies.
Exponentially Smoothed Forecast
A method of forecasting that gives more weight to recent data points, using exponential smoothing to produce a smoothed time series.
Forecast Error
The difference between the actual value and the predicted value in a forecast, indicating the accuracy of the forecasting process.
Weighting Scheme
A method of assigning different weights or importance to various elements or criteria in order to calculate a composite score or make decisions.
Exponential Smoothing
A technique used in time-series analysis to smooth data and forecast by giving greater weight to more recent observations.
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