An Alpha $\alpha$ ) Value of $\alpha$ Equal to 4

question 19

True/False

An alpha ( $\alpha$ ) value of .2 will cause an exponential smoothing forecast to react more quickly to a sudden drop in demand than will an $\alpha$ equal to .4.

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Definitions:

Retroactive Interference

A phenomenon where newly learned information interferes with the recall of previously learned information.

Directed Forgetting

A psychological process in which individuals intentionally try to forget information, revealing the active control people have over their memory.

Eyewitness Testimony

Evidence provided by people who witnessed a particular event or crime, which can be highly influential but sometimes unreliable.

Motivated Forgetting

A psychological theory suggesting individuals may forget unwanted information as a mechanism to deal with emotional distress or conflict.