Smoothing techniques are used to remove rapid fluctuations in a time series so the general trend can be seen.
A) True B) False
Question 2
A(n) _______ is a number that measures the change in a variable over time relative to the value of the variable during a base period.
A) exponential smoothing constant B) residual value
C) time series D) index number
Determine whether the statement is true or false.