Which of the Following Statements Comparing Exponential Smoothing to the Weighted

question 2

Multiple Choice

Which of the following statements comparing exponential smoothing to the weighted moving average technique is TRUE?

• A) Exponential smoothing is more easily used in combination with the Delphi method.
• B) More emphasis can be placed on recent values using the weighted moving average.
• C) Exponential smoothing is considerably more difficult to implement on a computer.
• D) Exponential smoothing typically requires less record keeping of past data.
• E) Exponential smoothing allows one to develop forecasts for multiple periods, whereas the weighted moving average technique does not.

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Definitions:

Confidence Interval

An estimate indicating the range within which a population parameter is likely to lie, with a certain degree of certainty, based on data from a smaller sample.

Margin of Error

An expression of the amount of random sampling error in survey results, indicating a range within which the true population parameter is expected to lie.

Sample Size

The number of individual observations or data points collected and used in a statistical analysis.

Surgical Site Infections

Post-surgical infections that arise in the area operated on.