An Exponential Smoothing Technique in Which the Smoothing Constant Alpha

question 40

True/False

An exponential smoothing technique in which the smoothing constant alpha is equal to one is equivalent to a naïve forecasting model.

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Definitions:

Groupthink

The capacity for group pressure to damage the mental efficiency, reality testing, and moral judgment of decision-making groups.

Dissension

Disagreement or conflict of opinion among a group of people.

Devil's Advocate

A role adopted by an individual in discussions or decision-making processes to present alternative or opposing arguments, aiming to challenge assumptions and promote critical thinking.

Stimulates Controversy

Provokes debate or disagreement on a specific topic due to differing opinions, beliefs, or interests among individuals or groups.