Distinguish between a weighted moving average model and an exponential smoothing model
What will be an ideal response?
Exponential smoothing is a weighted moving average model wherein previous values are weighted in a specific manner--in particular, all previous values are weighted with a set of weights that decline exponentially. Also, exponential smoothing involves little record keeping of past data.
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The ________ is the value that occurs most frequently
A) mean B) median C) mode D) range
Which of the following is a CORRECT statement about asset impairment?
A) An asset is impaired if the net book value is less than the expected future cash flows. B) If an asset is impaired, the expected future cash flows will exceed the net book value. C) Under U.S. GAAP, an asset that has been written down because of impairment can be written back up if it increases in value in the future. D) If an asset is impaired, the impairment loss is the difference between the net book value and the fair value.