With Reference to Exponential Forecasting Models, a Parameter That Provides

question 38

Multiple Choice

With reference to exponential forecasting models, a parameter that provides the weight given to the most recent time series value in the calculation of the forecast value is known as the

• A)moving average.
• B)regression coefficient.
• C)smoothing constant.
• D)mean forecast error.

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Definitions:

Organic Solidarity

A concept in sociology that describes how complex societies maintain social cohesion and integration through interdependence and the specialization of roles.

Industrialized Societies

Societies characterized by a high level of industrialization, technological advancement, and urbanization.

Interdependence

The mutual reliance between two or more groups, organisms, systems, or entities for support or survival.

Class Consciousness

An awareness of one's social class and the associated interests and struggles, often leading to collective political action or movements.