Using Exponential Smoothing, If F_t = 220, Y_t = 240

question 34

Multiple Choice

Using exponential smoothing, if F_t = 220, y_t = 240, and α = .20, what is the new forecast F_t+1?

• A)217
• B)224
• C)232
• D)243

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Definitions:

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The period of time extending from January 1, 1801, to December 31, 1900, in the Gregorian calendar.

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Segment of the population in the United States typically defined by moderate to high socioeconomic status, European ancestry, and cultural norms associated with the middle class.

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Cultural Determinant

Factors within a culture that influence the behaviors, attitudes, and values of its members.