If a Researcher Is Using Exponential Smoothing and Determines That

Multiple Choice

If a researcher is using exponential smoothing and determines that the forecast for the next period (F_{t + 1}) is the average of the actual value for the previous period (X_t) and the forecast value for the previous period (F_t) , then α = ______.

A) 0.35
B) 0.40
C) 0.50
D) 0.55
E) there is not enough information to determine the value of α