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You're building a Snowflake forecasting model to predict website traffic. Your dataset contains 'VISIT DATE (DATE), 'PAGE VIEWS (NUMBER), and 'PROMOTION FLAG' (BOOLEAN, indicating whether a promotion was active that day). You suspect that promotional periods significantly impact traffic, but need to account for days after a promotion that show residual impact. Which of the following strategies can you employ to improve your forecasting model to handle promotion and their lagging effects. Select two correct options.
Correct Answer: A,C
Options A and C are correct. Option A helps the model directly capture the time elapsed since a promotion, allowing it to learn the decaying effect. Option C captures the lagged effects of promotions by including ' PROMOTION_FLAG' values from previous days as separate features. Option B is incorrect because simple moving average is a bad approach that may not be able to learn complex patterns of promotion effects on forecasting data, moreover promotional periods will be ignored. Option D is incorrect as promotions are valuable signals, not noise. Option E is incorrect because Snowflake's 'HOLIDAY DETECTION' feature automatically deals with typical public holidays, not self defined promotional campaigns.