Examlex
The terms design and composition include the:
Exponential Smoothing
A time series forecasting method for univariate data that applies smoothing factors to make forecasts.
Smoothing Constant
A parameter used in exponential smoothing forecasting methods to control the rate at which older observations are dampened.
Forecasted Value
A prediction or estimate of a future value based on historical data and analysis.
Indicator Variables
Variables used in statistical models that take a value of 1 to indicate the presence of a particular condition or characteristic and 0 to indicate the absence.
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