If We Use a Value Close to 1 for the Smoothing

question 41

True/False

If we use a value close to 1 for the smoothing constant $a$
in a simple exponential smoothing model,then we expect the model to respond very slowly to changes in the level.

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Definitions:

Differential Sensitivity

The concept that individuals vary in their responsiveness to the same environmental stimuli.

Genes

Units of heredity made up of DNA, responsible for determining the characteristics and traits passed from parents to offspring.

Vulnerable

Exposed to the possibility of being attacked or harmed, either physically or emotionally.

Framingham Heart Study

A long-term, ongoing cardiovascular study on residents of the Framingham, Massachusetts area, initiated in 1948 to investigate the factors and characteristics that contribute to cardiovascular disease.