When Using Exponential Smoothing,if You Want the Forecast to React

question 24

Multiple Choice

When using exponential smoothing,if you want the forecast to react quickly to movements in the series,you should choose:

• A)values of near 1
• B)values of near 0
• C)values of midway between 0 and 1
• D)it depends on the data set

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Definitions:

Schizophrenia

A mental disorder characterized by disturbances in thought, perception, and behavior, leading to a disconnection from reality.

Disorganized Speech

A symptom of some psychiatric disorders, characterized by incoherent or nonsensical talk and a lack of logical connection between thoughts.

Heritable Factors

Traits or characteristics that are passed from parents to offspring through genes.

Alcoholism

A chronic disease characterized by uncontrolled drinking and preoccupation with alcohol, leading to physical and psychological dependence.