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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of Dragon Ball Z action figures in a toy store.The forecaster uses the double exponential smoothing model to determine the forecast for future periods.
Given: α = 0.7 and β = 0.3
-The value of mean square displacement is:
Event
An outcome or occurrence that can be identified or measured, often considered in the context of probability and statistics.
Experiments
Empirical procedures carried out in controlled conditions to verify the validity of hypotheses or determine the efficacy of something previously untried.
Random Events
Outcomes or occurrences that are unpredictable and determined entirely by chance.
Probability
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, with 1 indicating certainty.
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