Examlex
Match the words with the most closely associated term.
-Random genetic change
Smoothing Constant
The weighting factor, α, used in an exponential smoothing forecast, a number between 0 and 1.
Weighting Factor
A coefficient that assigns relative importance or influence to various elements in quantitative analysis or in making predictions.
Weighted Moving Average
A calculation that averages a set of numbers, giving different weights to each value, commonly used in finance and forecasting.
Waffle Sales
The revenue or quantity sold from the transaction of waffles in a given period, often used to gauge business performance in the food industry.
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