Which of the following statements about the method of exponential smoothing is not true?
A) It gives greater weight to more recent data.
B) It can be used for forecasting.
C) It uses all earlier observations in each smoothing calculation.
D) It gives greater weight to the earlier observations in the series.

Question

Quizplus · Accepted Answer

Exponential smoothing gives greater weight to more recent data, not earlier observations.

Which of the Following Statements About the Method of Exponential