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When a Significant Trend Is Present,exponential Smoothing Forecasts Can Be

question 43

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When a significant trend is present,exponential smoothing forecasts can be below or above the actual demand,and must therefore be modified.


Definitions:

Predictor

A variable or factor that can be used to forecast or anticipate the outcome of a future event or trend.

Well-Being

A state of comfort, health, or happiness, often considered in terms of physical, psychological, and social factors.

Chronic Stress

A state of ongoing psychological strain and tension resulting from enduring stressful circumstances over a prolonged period.

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Scientists who study the interaction between psychological processes, the nervous system, and the immune system.

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