Which of the Following Statements Is TRUE About Exponential Smoothing

question 24

Multiple Choice

Which of the following statements is TRUE about exponential smoothing technique?

• A) It uses a weighted average of past time-series values.
• B) It includes seasonal effects.
• C) It has the typical values of alpha in the range of 0.6 to 0.9.
• D) It will not overshoot the actual values if a negative trend exists.

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Definitions:

Fan Kuan

A Chinese landscape painter of the Song Dynasty, celebrated for his monumental and highly detailed mountain sceneries.

Minimalist Landscapes

Artistic representations of landscapes that employ minimalism, focusing on simplicity and using a minimal number of colors, shapes, and lines.

Silk Road

A network of trade routes connecting East and West, significant for the cultural, commercial, and technological exchanges between these regions throughout history.

Buddhism

A major world religion founded in the 5th century BCE by Siddhartha Gautama, focusing on the elimination of suffering through ethical living, meditation, and insight.