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If We Use a Value Close to 1 for the Smoothing

Question 15

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If we use a value close to 1 for the smoothing constant If we use a value close to 1 for the smoothing constant in a simple exponential smoothing model,then we expect the model to respond very slowly to changes in the level. in a simple exponential smoothing model,then we expect the model to respond very slowly to changes in the level.

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