True/False
If the random variability in a time series is great and exponential smoothing is being used to forecast, then a high alpha ( ) value should be used.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: The forecasting method that is appropriate when
Q6: The exponential smoothing forecast for any period
Q7: The focus of smoothing methods is to
Q10: Qualitative forecasting techniques should be applied in
Q16: Smoothing methods are more appropriate for a
Q24: A time series model with a seasonal
Q25: All of the following are true about
Q29: Using a naive forecasting method,the forecast for
Q38: The trend pattern is easy to identify
Q49: Trend in a time series must be