You Are Using an Exponential Smoothing Model for Forecasting

question 86

Multiple Choice

You are using an exponential smoothing model for forecasting.The running sum of the forecast error statistics (RSFE) are calculated each time a forecast is generated.You find the last RSFE to be 34.Originally, the forecasting model used was selected because of its relatively low MAD of 0.4.To determine when it is time to re-evaluate the usefulness of the exponential smoothing model, you compute tracking signals.Which of the following is the resulting tracking signal?

• A)85
• B)60
• C)13.6
• D)12.9
• E)8

---

Definitions:

Just World Hypothesis

The Just World Hypothesis is the belief that the world is a fair place and that people get what they deserve.

Conformity

The process of adjusting one's behavior or thinking to match those of other people or a group standard.

Compliance

The act of conforming to a request or demand from others, often used in a psychological context to describe when a person changes their behavior in response to an explicit or implicit request.

Obedience

The act of following orders or directions from those in authority.