The Exponential Smoothing Forecast Has the Same Value as the Naïve

question 24

Multiple Choice

The exponential smoothing forecast has the same value as the naïve forecast when α in the exponential smoothing model is equal to:

• A)0
• B)0.5
• C)1
• D)Insufficient information provided to determine answer

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Definitions:

Photosynthetic Organisms

Organisms capable of photosynthesis, a process that converts light energy into chemical energy, sustaining the food chain.

Autotroph

An organism that synthesizes complex organic compounds from simple inorganic raw materials; also called producer or primary producer. Compare with heterotroph. See chemoautotroph and photoautotroph.

Saprotroph

A saprotroph is an organism that feeds on or derives nourishment from decaying organic matter, essential for nutrient cycling in ecosystems.

Food Chain

A series of organisms each dependent on the next as a source of food, illustrating the flow of energy and nutrients from one organism to another.