Use of a smoothing constant value greater than 0.5 in an exponential smoothing model gives more weight to ___________.
A)the actual value for the current period
B)the actual value for the previous period
C)the forecast for the current period
D)the forecast for the previous period
E)the forecast for the next period

Question

Quizplus · Accepted Answer

A smoothing constant greater than 0.5 gives more weight to the actual value for the current period, making the model more responsive to recent changes.

Use of a Smoothing Constant Value Greater Than 0