A forecasting system that changes the value of the alpha parameter in response to the level of forecast error is known as:
A)A tracking signal.
B)A trend-enhanced exponential smoothing model.
C)A causal regression.
D)A time series model.
E)An adaptive model.

Question

Quizplus · Accepted Answer

This type of forecasting system, which adapts to the level of error in the forecasts by changing the value of the alpha parameter, is known as an adaptive model.

A Forecasting System That Changes the Value of the Alpha