Solved

Selecting a Large Value for the Smoothing Constant α\alpha )In Exponential Smoothing
A) Results in More Importance Being Placed

Question 96

Multiple Choice

Selecting a large value for the smoothing constant ( α\alpha ) in exponential smoothing


A) results in more importance being placed on the exponentially smoothed value from the previous period.
B) results in more importance being placed on the actual y value for the current time period.
C) more strongly dampens the fluctuations in the original series.
D) results in a less accurate forecast.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions