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Some Advantages of Texting and Instant Messaging Include Immediacy and Cost

question 48

True/False

Some advantages of texting and instant messaging include immediacy and cost.


Definitions:

Trend

The pattern or trajectory of changes and developments observed over time in data or events.

Seasonality

The characteristic of a time series in which the data experiences regular and predictable changes that recur every calendar year.

Exponential Smoothing

A method used in forecasting time series data, focusing on univariate statistics by applying weights that exponentially lower for past data points.

Forecasting

The process of making predictions about the future based on past and present data and analysis of trends.

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