In a Simple Exponential Smoothing Model, Which of the Following

question 70

Multiple Choice

In a simple exponential smoothing model, which of the following statements is true?

• A) The forecast values are determined by computing a moving average of the previous 4 data periods if we are working with quarterly data.
• B) The larger the smoothing constant, the more smoothing that takes place in the model.
• C) If the data contain a lot of random or irregular ups and downs, then a larger smoothing constant should be used in an attempt to model these fluctuations.
• D) More smoothing of the data will take place if a smoothing constant value close to zero is used.

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Definitions:

Fertility Rate

A demographic measure indicating the average number of children born to a woman over her lifetime within a specific population.

Neglected Adolescent

A neglected adolescent is a young person whose basic emotional, physical, and educational needs are consistently unmet by caregivers, leading to potential developmental and psychological issues.

Ideal Number

The concept of a perfect or most suitable quantity or amount for a particular situation.

Blended Family

A family unit composed of a couple and their children from this and all previous relationships, combining elements from two or more families.