Effect on forecast values using exponential smoothing

Assignment Help Basic Statistics

Reference no: EM1321581

Q1) Tendency of series of values to increase or decrease over long period of time is called as the ________ of a time series.

a) Cyclical fluctuation.

b) Secular trend.

c) Residual effect.

d) Seasonal variation.

Q2) The _______ generally explains fluctuations of time series which are attributable to business and economic conditions.

a) Cyclical fluctuation.

b) Residual effect.

c) Seasonal variation.

d) Secular trend.

Q3) The _______ is what remains of time series value after secular, cyclical, and seasonal components have been removed.

a) Additive effect.

b) Exponential effect.

c) Error effect.

d) Residual effect.

Q4) Choice of exponential smoothing constant w has little or no effect on forecast values using exponential smoothing.

True

False

Q5) Exponentially smoothed predict takes into account both changes in trend and seasonality.

True

False

Reference no: EM1321581

Questions Cloud

College students living off-campus frequently consume : An average worker in Brazil can produce an ounce of soybeans in 20minutes and an ounce of coffee in 60 minutes, while an average worker in Per can produce an ounce of soybeans in 50 minutes and anounce of coffee in 75 minutes.

A proactive strategic procurement operation : Assessment brief A proactive strategic procurement operation can give the organisation it represents a competitive advantage by reducing waste in the value chain. Purchasing strategies,

Advantages of utilizing the funds in construction process : Illustrates what are the advantages of utilizing the funds in the construction process.

Analysis of variance tests : Analysis of variance tests

Effect on forecast values using exponential smoothing : Choice of exponential smoothing constant w has little or no effect on forecast values using exponential smoothing.

Steps and benefits of using a six sigma methodology : In your own words, explain the steps and benefits of using a Six Sigma Methodology in a Decision Making Process. Demonstrate your thought using an example of the development of a project.

Why relatively flat as opposite relatively steep : Elucidate why relatively flat as opposite relatively steep worker demand curves are more consistent with the empirical observation.

Vulnerabilities in purchasing through debit card : Recognize any potential vulnerabilities in act of making a purchase through the debit card, and which area of the CIA triad they apply to.

Critical value and p value for one mean large sample test : Determine the critical value and p value for one mean large sample test.

User Account

All Pages