Which of the Following Statements Are True Regarding the Difference

question 103

Multiple Choice

Which of the following statements are true regarding the difference between forecasts using exponential smoothing and forecasts using a weighted moving average method?

• A) The exponential smoothing forecasts will have a steeper trend line.
• B) The weighted moving average forecasts will form a level line of constant value.
• C) The exponential smoothing forecasts will form a level line of constant value.
• D) The exponential smoothing forecasts will do a better job of capturing the underlying trend in the data.

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Definitions:

Correct Meaning

A rephrased explanation or interpretation of a word, phrase, or concept that is accurate or true.

Growth Hormone

A hormone produced by the pituitary gland that stimulates growth, cell reproduction, and regeneration in humans and other animals.

Correct Abbreviation

The approved or standard shortening of words or phrases, particularly in professional or academic contexts to ensure clarity and uniformity.

FBS

Fasting blood sugar; a test measuring the glucose levels in blood after a period of fasting to assess for diabetes or pre-diabetes.