Exhibit 18

question 12

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 and α = 0.5 is applied,what is the speed of decline for which the mean square error (MSE) is better? What is this mean?

• A)α = 0.5 and MSE = 13.67
• B)α = 0.1 and MSE = 13.67
• C)α = 0.5 and MSE = 10.41
• D)α = 0.1 and MSE = 10.41

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Intellectual Current

A flow of ideas or thoughts prevalent among intellectuals or within a specific field of study at a particular time.

The Enlightenment

A philosophical movement in the 17th and 18th centuries emphasizing reason, individualism, and skepticism towards traditional doctrines.

Early Sociologists

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A theory in politics and economics that promotes ownership and management of production and distribution resources by the community or the state.