Which of the Following Statements Is TRUE About Single Exponential

question 85

Multiple Choice

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

• A) Large values of alpha (α) place more emphasis on recent data.
• B) α values range from 0.6 to 1.
• C) Smaller values of smoothing constant have the advantage of quickly adjusting the forecasts when forecasting errors occur.
• D) Larger values of smoothing constant do not allow the forecast to react faster to changing conditions.

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Definitions:

Jay's Treaty

A 1794 agreement between the United States and Great Britain that aimed to resolve issues remaining since the American Revolution and to facilitate ten years of peaceful trade between the two countries.

Mary Wollstonecraft

An English writer and advocate for women's rights, recognized for her work "A Vindication of the Rights of Woman" (1792), which argued for the education and equality of women.

Gender Roles

Social and cultural expectations regarding the behaviors, actions, and roles deemed appropriate for individuals based on their gender.

Revolutionary War

The conflict between the Thirteen American colonies and Great Britain from 1775 to 1783, leading to the independence of the United States.