The choice of a larger smoothing constant α in simple exponential smoothing would place more weight on the most recent value.

Question

Quizplus · Accepted Answer

Simple exponential smoothing assigns weights to past observations, and the larger the smoothing constant α, the more weight is given to the most recent observation. Therefore, choosing a higher value of α would place more weight on the most recent value.

The Choice of a Larger Smoothing Constant α in Simple