The Following Table Includes the Information About a Monthly Time

question 78

Multiple Choice

The following table includes the information about a monthly time series. When the exponential smoothing method with α = 0.1 is applied, what is the MAD?

• A) 20.796
• B) 9.16
• C) 3.05
• D) 3.56

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Definitions:

Statute of Limitations

A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.

Collection Suit

A legal action taken by creditors to collect unpaid debts from a debtor through the court system.

Minor

Anyone under the age of majority—18 in most states, 21 in some jurisdictions.

Emancipated Minor

A legal status granted to individuals under 18, allowing them rights and responsibilities of legal adulthood under specific conditions.