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.

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Definitions:

Adaptive Radiations

The rapid evolution of diversely adapted species from a common ancestor upon encountering new environments or ecological niches.

Feeding Morphologies

The structural adaptations in organisms related to the acquisition, processing, and consumption of food.

Mass Extinction

Mass extinction describes a statistically significant departure from background extinction rates that results in a substantial loss of taxonomic diversity.

Extinction Rate

The rate at which species become extinct over time, often accelerated by human actions and environmental changes.