For Single Exponential Smoothing,
A)Large Values of Alpha $\alpha$ ) Place More Emphasis on Recent Data
B)Small Values of )

Multiple Choice

For single exponential smoothing,

A) Large values of alpha ( $\alpha$ ) place more emphasis on recent data
B) Small values of alpha ( $\alpha$ ) place more emphasis on recent data
C) Very volatile time series with substantial random variability should use a large value for alpha ( $\alpha$ )
D) Very stable time series with little random variability should use small values for alpha ( $\alpha$ )