The Exponential Smoothing Model Produces a Naïve Forecast When the Smoothing

question 85

Multiple Choice

The exponential smoothing model produces a naïve forecast when the smoothing constant,α,is equal to

• A)0.00.
• B)1.00.
• C)0.50.
• D)2.00

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Definitions:

Innate Factors

Natural, inherent elements or conditions that influence an individual's development or characteristics from birth.

Mood

A temporary state of mind or feeling that can influence an individual's perception and behavior.

Observational Learning

A type of learning that occurs as a function of observing, retaining and replicating behaviors, attitudes, or emotional expressions of others.

Celebrity

A person who is widely recognized in society and often has a significant influence due to their public and media presence.