In picking the smoothing constant for an exponential smoothing model,we should look for a value that

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Quizplus · Accepted Answer

The best choice for the smoothing constant in an exponential smoothing model is one that produces values which compare well with actual values based on a standard measure of error. This ensures that the model is accurately predicting values and provides a better basis for decision-making. The other options are not as important in determining the quality of the model.

In Picking the Smoothing Constant for an Exponential Smoothing Model,we