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The Least Sophisticated Forecasting Method Is Exponential Smoothing

question 58

True/False

The least sophisticated forecasting method is exponential smoothing.


Definitions:

Carboxylic Acid

Organic acids characterized by the presence of at least one carboxyl group (-COOH), widely found in nature.

Derivative

In chemistry, a compound that is derived from a similar compound by a chemical reaction.

Propyl Benzoate

A chemical compound used as a fragrance and flavoring agent, consisting of the propyl ester of benzoic acid.

Catalytic Acid

An acid that speeds up a chemical reaction without being consumed in the process, often used in organic synthesis.

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