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

Multiple Choice

Selecting a small value for the smoothing constant ( $\alpha$ ) in exponential smoothing results in

A) more importance being placed on the exponentially smoothed value from the previous period.
B) more importance being placed on the actual y value for the current time period.
C) a more accurate forecast.
D) a less accurate forecast.