In exponential smoothing the actual weight assigned to previous data
A) decreases with the age of data
B) increases with the age of data
C) is independent of the age of data
D) stays the same regardless of age
E) none of the above

Question

Quizplus · Accepted Answer

In exponential smoothing, the actual weight assigned to previous data decreases with the age of the data. This means more recent observations are given more importance than older observations.

In Exponential Smoothing the Actual Weight Assigned to Previous Data