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    Statistics
  3. Study Set
    Applied Statistics
  4. Exam
    Exam 14: Time Series Analysis
  5. Question
    A Higher Value of the Smoothing Constant α Makes the Forecast
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A Higher Value of the Smoothing Constant α Makes the Forecast

Question 61

Question 61

True/False

A higher value of the smoothing constant α makes the forecast less responsive to recent data.

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