Moderate Events Can Become Unexpectedly Larger Disasters If ____

question 25

Multiple Choice

Moderate events can become unexpectedly larger disasters if ____. ​

• A)they are cyclic events that have grown stronger with time
• B)more than one type of event occurs at the same time, amplifying the effect
• C)precursor events are detected
• D)they are not cyclic events
• E)insurance companies have overestimated the cost of the event

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Definitions:

Exponential Smoothing

A forecasting technique that applies decreasing weights to past observations as they become older to predict future values.

Trend Adjustment

A statistical technique used to remove effects of trends in time series data, allowing for better analysis and forecasting of the underlying patterns.

Smoothing Constants

Parameters used in exponential smoothing models to control the rate at which past observations are decayed or discounted.

Regression Equation

A mathematical formula that describes the relationship between one dependent variable and one or more independent variables, typically used for prediction or forecasting.