Which of the Following Possible Values of Alpha Would Cause

question 89

Multiple Choice

Which of the following possible values of alpha would cause exponential smoothing to respond the most quickly to forecast errors?

• A) 0
• B) .01
• C) .05
• D) .10
• E) .15

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Definitions:

Net Domestic Product

The sum of the market value of all domestically produced goods and services in a country during a given time period, subtracting the loss in value from depreciation.

Indirect Business Taxes

Taxes levied on the production, sale, or consumption of goods and services, such as sales tax or value-added tax (VAT), indirectly paid by consumers.

Direct Taxes

Taxes that are levied directly on the income or wealth of an individual or organization, such as income tax and property tax.

Per Capita Real GDP

This is a measure of the average economic output per person, adjusted for inflation, in a specific area.