Exhibit 18

question 77

Multiple Choice

Exhibit 18.2.The following table includes the information about a monthly time series. Refer to Exhibit 18.2.When the exponential smoothing method with α = 0.1 is applied,what is the mean absolute deviation (MAD) ?

• A)21.5
• B)3.00
• C)5.00
• D)9.00

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Definitions:

Key Skill Sets

Essential abilities or competencies required to perform specific tasks or roles effectively in a work or personal context.

Management Development

The process of training and developing individuals in managerial roles to enhance their leadership skills and performance.

Transformational Leadership

A leadership style that inspires positive change in followers by creating a vision for the future, motivating, and improving the morale and performance of the team.

Transactional Leadership

A leadership style focused on the supervision, organization, and performance of a group or organization, often involving a system of rewards and penalties.