Which of the Following Is Not True in Regard to the Weights

question 27

Multiple Choice

Which of the following is not true in regard to the weights used in exponential smoothing?

• A)They are all positive
• B)The last weight is always the smallest
• C)They add up to 1
• D)They decrease exponentially into the past

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Definitions:

Account

An accounting device used in bookkeeping to record increases and decreases of business transactions relating to individual assets, liabilities, capital, withdrawals, revenue, expenses, and so on.

Discounting Note Receivable

The process of reducing the value of a note receivable to reflect its current worth by applying an interest rate.

Endorsing Note

A legal act of signing the back of a negotiable instrument, such as a check, to assign its benefits to another party.

Bank Discount Rate

The interest rate at which a country's central bank lends money to domestic banks, often used as a benchmark for other interest rates.