An Alpha (α) Value of

question 4

True/False

An alpha (α) value of .2 will cause an exponential smoothing forecast to react more quickly to a sudden drop in demand than will an α equal to .4.

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Definitions:

Kin Selection

A biological approach that prioritizes the reproductive achievements of an organism's kin, sometimes sacrificing the organism's own life and reproductive potential.

Coefficient of Relatedness

A measure of the genetic similarity between individuals, used to predict the likelihood of altruistic behavior.

Evolution of Altruism

The process through which selfless behaviors that benefit other individuals at a cost to oneself become advantageous in evolutionary terms.

Group Selection

A theory in evolution proposing that natural selection operates on groups, not just individuals, for the survival benefit of the group.