According to the Contingency Model

question 31

Multiple Choice

According to the Contingency Model:

• A)if the leader's style matches the situation,the leader will be effective.
• B)if followers respect the leader,the leader will be effective.
• C)when the leader has power,he/she will be more effective.
• D)if the leader is trained and experienced,the group will be most effective.

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Definitions:

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.