The usual range of the smoothing constant for a simple exponential smoothing forecast is ________.
A) 0.1 - 0.5
B) 0.3 - 0.7
C) 0.5 - 0.7
D) 0.5 - 1.0

Question

Quizplus · Accepted Answer

The usual range of the smoothing constant for a simple exponential smoothing forecast is 0.1 to 0.5. This range allows for a balance between responsiveness to changes in the data and smoothing out random fluctuations.

The Usual Range of the Smoothing Constant for a Simple