A Time Series Is Shown Below

question 48

Multiple Choice

A time series is shown below. Perform single exponential smoothing for this data set using α = 0.2 What is the value of the forecast for period 6?

• A) 40
• B) 36
• C) 31.5
• D) 33.2

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards providing a global framework for how public companies prepare and disclose their financial statements.

Chart of Accounts

An organized list of all accounts used by an entity in its accounting system, facilitating the recording, reporting, and analysis of financial transactions.

Chart of Accounts

An organized list of all accounts in a business entity's financial records, each account accompanied by a reference number.

Account Numbers

Unique identifiers assigned to individual accounts within a company's accounting system, facilitating organization and tracking of financial transactions.