When Forecasting with Exponential Smoothing, Data from Previous Periods Is

question 93

Multiple Choice

When forecasting with exponential smoothing, data from previous periods is _________.

• A)given equal importance
• B)given exponentially increasing importance
• C)ignored
• D)given exponentially decreasing importance
• E)linearly decreasing importance

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Definitions:

Biotic Potential

The maximum reproductive capacity of an organism under optimum environmental conditions.

Environmental Resistance

Total of factors in the environment that limit the numerical increase of a population in a particular region.

Carrying Capacity

The maximum population size of a species that an environment can sustain indefinitely, given the food, habitat, water, and other necessities available in the environment.

Exponential Growth

Growth, particularly of a population, in which the increase occurs in the same manner as compound interest.