In Exponential Smoothing,the Smoothing Constant,alpha

question 11

Multiple Choice

In exponential smoothing,the smoothing constant,alpha,

• A)is between 0.0 and 0.5
• B)reflects the weight given the first period data
• C)reflects the weight given the most recent data
• D)is a weight that reflects a trend in the demand data

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Definitions:

Just-World Phenomenon

The cognitive bias to believe that the world is inherently fair and people get what they deserve.

Enslaved People

Enslaved people refers to individuals who are forced to work without freedom or personal rights, typically under harsh conditions, historically or in modern contexts.

Outgroup Homogeneity

The perception that members of a group different from one's own are more similar to each other than are members of one's ingroup.

Other-Race Effect

The tendency to more easily recognize faces of the race that one is most familiar with.