Regression is always a superior forecasting method to exponential smoothing,so regression should be used whenever the appropriate software is available.

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Quizplus · Accepted Answer

This statement is false. While regression can be a powerful forecasting method, it may not always be the superior method compared to exponential smoothing. The choice of method will depend on the nature of the data, the business problem, and the level of accuracy required. Therefore, it is important to consider multiple methods and compare their results before making a final decision on which method to use.

Regression Is Always a Superior Forecasting Method to Exponential Smoothing,so