Which of the Following Possible Values of Alpha Would Cause

question 55

Multiple Choice

Which of the following possible values of alpha would cause exponential smoothing to respond the most quickly to forecast errors?

• A)0
• B)0.01
• C)0.05
• D)0.10
• E)0.15

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Definitions:

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values around the mean.

Sample Mean

The average value of a set of observations or data points in a sample.

Marathon Runners

Athletes who participate in a marathon, a long-distance running race with an official distance of 42.195 kilometers (approximately 26.219 miles).

Production Filling

The process in manufacturing where products are filled into their final packaging, often under controlled conditions to meet standards.