If the Random Variability in a Time Series Is Great

question 12

True/False

If the random variability in a time series is great and exponential smoothing is being used to forecast, then a high alpha (α) value should be used.

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Definitions:

National Wilderness System

a designation for preserving federal lands in the US to maintain their natural condition.

National Park System

A collection of natural parks managed by a governmental entity aimed at preserving natural and cultural resources for public enjoyment and education.

Nixon

The 37th President of the United States, known for his role in the Watergate scandal and his consequent resignation from the presidency.

Environmental Event

An occurrence or incident that happens in the natural world, often having a significant impact on ecosystems, communities, or the climate.