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:

Preoperational Period

A stage in Piaget's theory of cognitive development, where children (ages 2-7) begin to engage in symbolic play and struggle with logic.

Focus

Concentration on a particular task or subject.

Growth Spurt

A rapid increase in height and weight, typically occurring during puberty.

Kohlberg's Theory

A theory of moral development proposed by Lawrence Kohlberg, suggesting that people progress through a series of stages in their ability to make moral judgments, starting from a pre-conventional level to a principled level.