When Using the Exponentially Weighted Moving Average for Purposes of Forecasting

question 28

Multiple Choice

When using the exponentially weighted moving average for purposes of forecasting rather
Than smoothing,

• A) the previous smoothed value becomes the forecast.
• B) the current smoothed value becomes the forecast.
• C) the next smoothed value becomes the forecast.
• D) None of the above.

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Definitions:

Cognitive Dissonance

The state of having inconsistent thoughts, beliefs, or attitudes, especially as relating to behavioral decisions and attitude change.

Groupthink

A psychological phenomenon where the cohesion of the group becomes more important than considering facts realistically, leading to poor decisions.

Suppress Disagreement

The act of deliberately preventing or reducing the expression of differing opinions or conflicts.

Harmony

A pleasing combination or arrangement of different things, often referring to music, but also applicable to social and personal contexts.