The First Regulatory Agency Was the ________, Created by Congress

question 62

Multiple Choice

The first regulatory agency was the ________, created by Congress in ________.

• A) U.S. Post Office; 1791
• B) Interstate Commerce Commission; 1887
• C) Federal Communications Commission; 1934
• D) Environmental Protection Agency; 1970
• E) Federal Trade Commission; 1914

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Definitions:

Forecast

A prediction or estimate of future events or trends, often based on current data and analysis.

Number of Forecast Values

The quantity of data points projected or predicted for future periods based on historical trends and analysis.

Smoothing Constant

A parameter used in exponential smoothing methods to apply different weights to past observations, typically ranging between 0 and 1.

Exponential Smoothing Model

A time series forecasting method for univariate data that applies exponentially decreasing weights over past observations.