A central premise of exponential smoothing is that more recent data are less indicative of the future than data from the distant past.

Name: A central premise of exponential smoothing is that more recent data are less indicative of the future than data from the distant past.
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Question

Quizplus · Accepted Answer

Exponential smoothing assigns exponentially decreasing weights to past observations, meaning more recent data are considered more indicative of the future than older data.

A Central Premise of Exponential Smoothing Is That More Recent