The Text Mentions a Correction for Continuity and Suggests That

question 40

Multiple Choice

The text mentions a correction for continuity and suggests that

• A) you always use it with a 2 × 2 table.
• B) you always use it with any contingency table.
• C) it is not needed.
• D) you only use it with a goodness-of-fit test.

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Definitions:

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.

Smoothing Constant

A parameter used in exponential smoothing methods for time series data to control the degree of smoothing applied to the data.