Examlex
One of the major problems in using ______ as the primary criterion in selection is that we end up not getting the best person for a particular job.
Trend Variation
The component of a time series that shows the underlying direction or path that data points are moving over time, disregarding random variations.
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.
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