The Smoothing Constant, α, Used in the Basic Exponential Smoothing

question 40

True/False

The smoothing constant, α, used in the basic exponential smoothing model, can range in value from −1 to +1.

---

Definitions:

Curiosity

Curiosity is a motivational state that drives individuals to explore, investigate, and seek information about their environment and experiences to gain understanding.

Sensation Seeking Scale

A psychological assessment tool designed to measure an individual's propensity for seeking varied, novel, complex, and intense sensations and experiences.

Stimulation

Engagement or excitation of the sensory, physical, or mental faculties, often leading to increased activity or responsiveness.

Reliable Measure

is an assessment tool or method that consistently produces accurate and dependable results over time.