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Using Exponential Smoothing, If Ft = 12, Yt = 15

question 77

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Using exponential smoothing, if Ft = 12, yt = 15, and α = .10, what is the new forecast Ft+1?


Definitions:

Resistance To Extinction

The persistence of learned behavior or response even after the original stimulus (e.g., reinforcement) is no longer present.

Spontaneous Recovery

The reappearance of a previously extinguished conditioned response after a period of time without exposure to the conditioned stimulus.

Reinforcement

A process in behavioral psychology where the probability of a behavior occurring is increased or decreased through the use of rewards or punishments.

Stimulus Discrimination

The acquired skill to distinguish between a conditioned stimulus and various other stimuli that have not been associated with an unconditioned stimulus.

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