Examlex
Which of the following statements is TRUE of a group?
Smoothing Constant
A parameter used in exponential smoothing models to weight recent observations more heavily than older ones for forecasting purposes.
Exponential Smoothing
Exponential smoothing is a time series forecasting method for smoothing data values, giving more weight to recent observations while factoring in older data.
Moving Average
A statistical technique used to analyze time series data by creating a series of averages of different subsets of the full data set.
Trend Line
A line drawn through data points in a scatter plot to model the direction or pattern of the data, commonly used in time series data to visualize trends.
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