The Exponential Smoothing Technique Is

question 53

Multiple Choice

The exponential smoothing technique is?

• A) Rarely used due to its complexity
• B) Rarely used due to its inaccuracy
• C) Widely used due to its simplicity
• D) Widely used due to its ability to generate perfect forecasts

---

Definitions:

Finite Natural Resources

Natural resources that exist in limited quantities and are not renewable within a human lifespan, such as fossil fuels and minerals.

Per Capita Consumption

The average amount of goods or services consumed per person in a given population or area.

Birthrates

The number of live births per thousand of population per year, indicating the rate at which a population is growing.

Demographers

Specialists who study population dynamics, including birth rates, death rates, and migration patterns.