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A ChiSquare test is often used to determine if there is a significant relationship between two continuous variables. 0 True 0 False QUESTION 3 Given an actual demand of 59, a previous forecast of 64 and a smoothing coefficient {W} of 03", what is the exponentially smoothed demand forecast for the next period? [H int: 64 is the forecast that was made for the actual demand of 59.] 0a. 52.5 0 '0' 55.5 0 C- 57.5 0 d' 50.5 QUESTION 4 The Laspeyres price index has the disadvantage that consumption pattern in the initial period might be quite different from that in the current period; and. hence, does not reect accurately the current consumption cost. 0 True 0 False O True In a simple linear regression, the line of best fit will be drawn as horizontal if the slope is zero, and as vertical if the slope is one. O False