Which of the Following Smoothing Constants Would Make an Exponential

question 137

Multiple Choice

Which of the following smoothing constants would make an exponential smoothing forecast equivalent to a naive forecast?

• A) 0
• B) .01
• C) .1
• D) .5
• E) 1.0

Learn the process and importance of forecasting for planning in push processes.

Understand the practical application of forecasting techniques, like moving averages and exponential smoothing, in real scenarios.

Grasp the essential distinction between qualitative and quantitative forecasting methods.

Learn the importance of adjusting forecasts based on new data and the principle of adaptive forecasting.

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Definitions:

Manifest Function

The intended and recognized outcome of a social process or institution.

Latent Function

Unintended or unrecognized consequences of an institution, action, or social process that may not have been explicitly acknowledged.

Dysfunctional Function

A paradoxical term often used to describe societal practices or institutions that persist despite having negative effects on the social system.

Contributing Function

A role or activity that plays a part in achieving a larger purpose or result.