With reference to exponential forecasting models, a parameter ...

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With reference to exponential forecasting models, a parameter that provides the weight given to the most recent time series value in the calculation of the forecast value is known as the
 a. moving average. b. regression coefficient.
  c. smoothing constant. d. mean forecast error.

Question 2

A data visualization tool that updates in real time and gives multiple outputs is called
 a. a data table. b. a metrics table.
  c. the GIS. d. a data dashboard.

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Answer to Question 1

c
RATIONALE: With reference to exponential forecasting models, a parameter that provides the weight given to the most recent time series value in the calculation of the forecast value is known as the smoothing constant.

Answer to Question 2

d
RATIONALE: A data dashboard is a data visualization tool that illustrates multiple metrics and automatically updates these metrics as new data become available.

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Excellent

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