If the Random Variability in a Time Series Is Great $\alpha$

question 33

True/False

If the random variability in a time series is great and exponential smoothing is being used to forecast, then a high alpha ( $\alpha$ ) value should be used.

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Definitions:

Surface Traits

Observable qualities or characteristics of an individual's personality that can easily be inferred from behavior, as opposed to deeper, less observable traits.

Personality Characteristics

Traits that describe an individual's consistent patterns of thought, feeling, and behavior.

Dynamic Traits

Traits that describe our motivations and interests.

Temperament

Innate aspects of an individual's personality, such as sensitivity, mood, activity level, and emotional reactivity.