Which of the Following Forecasting Methods Puts the Least Weight $\alpha$

question 44

Multiple Choice

Which of the following forecasting methods puts the least weight on the most recent time series value?

• A)exponential smoothing with \(\alpha\) = .3
• B)exponential smoothing with \(\alpha\) = .2
• C)moving average using the most recent 4 periods
• D)moving average using the most recent 3 periods

---

Definitions:

Four Perspectives

Refers to a framework often used in business and management to evaluate an organization from multiple angles, commonly including financial, customer, internal processes, and learning and growth aspects.

Effectiveness

The degree to which an organization, such as a nonprofit, achieves its stated objectives and goals efficiently.

Efficiency

The ability to accomplish a task or goal with the minimum expenditure of time and resources; often related to optimizing processes and productivity.

Social Constructionist Approach

A theory in sociology and philosophy suggesting that social phenomena are created, institutionalized, and made into tradition by individuals within a society.