Experience and Trial and Error Are the Simplest Ways to Choose

question 5

True/False

Experience and trial and error are the simplest ways to choose weights for the weighted moving average forecasting model.

---

Definitions:

Weber's Law

A principle stating that the smallest change in a physical stimulus that can be detected is a constant proportion of the stimulus level.

Masking Stimulus

A stimulus used to interfere with the perception of another stimulus, often used in research to study attention and perception processes.

Stationary Object

An object that is not in motion; remaining in the same place relative to its surroundings.

Just Noticeable Difference

The minimum difference in stimulation that a person can detect 50% of the time, also called the difference threshold.