Which of the Following Statements About the Method of Exponential

question 6

Multiple Choice

Which of the following statements about the method of exponential smoothing is not true?

• A) It gives greater weight to more recent data.
• B) It can be used for forecasting.
• C) It uses all earlier observations in each smoothing calculation.
• D) It gives greater weight to the earlier observations in the series.

---

Definitions:

Probability

A gauge of event occurrence likelihood, denoted by a number from 0 to 1.

Probability Distribution

A function in mathematics that calculates the chances of various outcomes happening in an experiment.

E(x)

The expected value of a random variable, representing the mean or average value the variable takes over a large number of experiments or trials.

Project Life Cycle

The series of phases that a project goes through from its inception to its closure, typically including initiation, planning, execution, monitoring, and closing.