In Exponential Smoothing, the Closer Alpha Is to ________, the Greater

question 34

Multiple Choice

In exponential smoothing, the closer alpha is to ________, the greater the reaction to the most recent demand.

• A) -1
• B) 0
• C) 1
• D) -1 or 1

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Definitions:

Standard Normal

A bell-shaped distribution where the mean is 0 and the standard deviation is 1.

Random Variable

A Random Variable refers to a variable that can take on various numerical values, each determined by the outcome of a stochastic event.

Standard Normal

A normal distribution with a mean of zero and a standard deviation of one, used as the basis for z-scores.

Obtaining

The act of acquiring or getting possession of something.