In Exponential Smoothing, Using α =

question 19

True/False

In exponential smoothing, using α = .20 will give a smoother series than using α = .05.

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Definitions:

p < .05

Refers to a statistical threshold indicating that the likelihood of the observed data occurring by chance is less than 5%, commonly used to infer significance in research findings.

Statistically Significant

A determination that a result from data analysis is not likely to have occurred by chance, suggesting a real effect or difference in the population sampled.

Investigator

A person who carries out a formal inquiry or investigation to discover and examine facts to establish the truth.

Mean

The average value of a set of numbers, calculated by dividing the sum of all the numbers by the count of the numbers.