In the Exponential Smoothing Formula for Updating the Level of the Series

question 110

Multiple Choice

In the exponential smoothing formula for updating the level of the series, , what does α represent?

• A) The weighted average of the exponentially declining weights.
• B) The speed of decline in the weights of older observations.
• C) The initial value of the time series.
• D) The last value of the time series.

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Definitions:

Civil War

The Civil War was a conflict fought in the United States from 1861 to 1865, primarily over the issues of slavery and states' rights, resulting in the preservation of the Union.

Northern Women

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Southern Women

Women who lived in the Southern United States, known for their unique societal roles and challenges, especially during the 19th and early 20th centuries.

Emancipation Proclamation

An executive order issued by President Abraham Lincoln on January 1, 1863, that declared all slaves in Confederate-controlled territory to be permanently free.