Which of the following values of alpha would cause exponential smoothing to respond the SLOWEST to forecast errors?
A)0.10
B)0.2246
C)0.50
D)0.90
E)cannot be determined

Question

Quizplus · Accepted Answer

A lower alpha value in exponential smoothing means that the model gives more weight to past observations, thus responding more slowly to recent changes or forecast errors.

Which of the Following Values of Alpha Would Cause Exponential