The equation for exponential smoothing states that the new forecast is equal to the old forecast plus the error of the old forecast.
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Q12: The weighted moving average forecasting model uses
Q13: A central premise of exponential smoothing is
Q14: Because the factors governing demand for products
Q15: In exponential smoothing, it is desirable to
Q16: In a forecasting model using simple exponential
Q18: In a forecasting model using simple moving
Q19: Trend lines are usually the last things
Q20: Random errors can be defined as those
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