Examlex
Which of the following is an uncontrollable factor in a domestic environment?
Weighted Average Model
A calculation that assigns different weights to different elements of a dataset, resulting in an average that accounts for varying levels of importance.
Forecasts
Predictions or estimates of future events or conditions, often based on statistical analysis and modeling.
Exponential Smoothing Model
A forecasting technique for single-variable data that utilizes weights that decrease exponentially for previous observations.
Smoothing Constant
A parameter used in exponential smoothing techniques to weight the significance of historical data.
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