Explain, briefly, why, in the exponential smoothing forecasting method, the larger the value of the smoothing constant, ?, the better the forecast will be in allowing the user to see rapid changes in the variable of interest
What will be an ideal response?
The larger the value of ?, the greater is the weight placed on the most recent values.
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Empirical tests of market efficiency fail to show that most major national markets are reasonably efficient
Indicate whether the statement is true or false.
The ratio of total cash, marketable securities, accounts receivable, and short-term notes to current liabilities is:
A. working capital. B. the acid-test ratio. C. the current ratio. D. the debt-to-equity ratio.
For the standard normal probability distribution, the area to the left of the mean is
a. -0.5 b. 0.5 c. any value between 0 to 1 d. 1
Della purchased a warehouse on February 25, 2018, for $350,000. $45,000 of the price was for the land. What is her cost recovery deduction for 2018 rounded to the nearest dollar?
A. $11,137. B. $9,705. C. $6,853. D. $7,865.