If the random variability in a time series is great, a high α value should be used to exponentially smooth out the fluctuations.

Name: If the random variability in a time series is great, a high α value should be used to exponentially smooth out the fluctuations.
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Quizplus · Accepted Answer

A high α value in exponential smoothing gives more weight to recent observations, which can increase the impact of random variability rather than smoothing it out. A lower α value is typically used to smooth out fluctuations.

If the Random Variability in a Time Series Is Great