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What Is This Year's Forecast Using Exponential Smoothing with Alpha

question 81

Multiple Choice

What is this year's forecast using exponential smoothing with alpha = .2, if last year's smoothed forecast was 15,000?


Definitions:

Independent Contractor

A person or entity contracted to perform work for another entity as a non-employee, retaining control over how the work is executed.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of money, property, or sensitive information.

Employment

A formal relationship between an employer and an employee in which work is performed in exchange for compensation.

Restrictive Covenants

Clauses in a contract that impose restrictions on one or more parties' actions, commonly used in employment and real estate agreements.

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