If a Researcher Is Using Exponential Smoothing and Determines That

Multiple Choice

If a researcher is using exponential smoothing and determines that the forecast for the next period (F_{t + 1}) is the weighted average of the actual value for the previous period (X_t) and the forecast value for the previous period (F_t) , with weights of 1 and 3 respectively, then α = ______.

A) 0.25
B) 0.33
C) 0.67
D) 0.75
E) 0.90