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  3. Study Set
    Business Statistics Study Set 4
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    Exam 16: Forecasting Techniques and Analysis for Time Series Data
  5. Question
    Because Tt Reflects the Overall Trend Component in the Time
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Because Tt Reflects the Overall Trend Component in the Time

Question 51

Question 51

True/False

Because Tt reflects the overall trend component in the time series up to period t, we need to set this value equal to 1 for the first period as a starting point when using exponential smoothing with trend adjustment.

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