Compared to the Personal Interview,the Telephone Interview Costs Less,but Cost

question 198

True/False

Compared to the personal interview,the telephone interview costs less,but cost is rapidly increasing due to respondent refusals to participate.

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Definitions:

Forecasts

Predictions or estimations about future events or trends, often based on statistical models and analysis of past data.

Smoothing Constant

A factor used in exponential smoothing methods for forecasting, affecting the weight given to historical data.

Forecast

The process of making predictions about future events or trends based on past and current data analyses.