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Operational definitions are used in research in order to
Exponential Smoothing
A time series forecasting method for univariate data that applies decreasing weights over time.
Liquor Sales
The revenue generated from the sale of alcoholic beverages.
Smoothing Constant
A parameter in exponential smoothing models that controls the degree to which more recent observations are weighted more heavily than older observations.
Exponential Smoothing
A time series forecasting method for univariate data that applies weighting factors which decrease exponentially over time, emphasizing more recent observations.
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