Multiple Choice
The exponential smoothing forecast for period t + 1 is a weighted average of the
A) forecast value in period t with weight α and the actual value for period t with weight 1 - α.
B) actual value in period t + 1 with weight α and the forecast for period t with weight 1 - α.
C) forecast value in period t - 1 with weight α and the forecast for period t with weight 1 - α.
D) actual value in period t with weight α and the forecast for period t with weight 1 - α.
Correct Answer:
Verified
Correct Answer:
Verified
Q31: The mean absolute error, mean squared error,
Q32: Causal models<br>A)provide evidence of a causal relationship
Q33: Which of the following measures of forecast
Q34: Which of the following states the objective
Q35: Using a large value for order k
Q37: A causal model provides evidence of _
Q38: With reference to exponential forecasting models, a
Q39: The moving averages and exponential smoothing methods
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Q41: _ uses a weighted average of past