The Smoothing Constant,α,in the Exponential Smoothing Forecast

question 83

Multiple Choice

The smoothing constant,α,in the exponential smoothing forecast

• A)must always be a value greater than 1.0.
• B)must always be a value less than 0.10.
• C)must be a value between 0.0 and 1.0.
• D)should be equal to the time frame for the forecast.

---

Definitions:

Out-Group

A social group toward which a person feels a sense of competition or opposition.

Social Identity Theory

A psychological theory that explains how individuals categorize themselves and others into groups, leading to identification with one's own group and discrimination against others.

Social Comparison

The comparison of oneself to others in ways that raise one’s self-esteem.

Control Group

A control group is a baseline group in an experiment that does not receive the experimental treatment, allowing researchers to measure the effect of the treatment by comparing it to this group.