Exponential smoothing is a sophisticated method of trend analysis that weighs each year's sales data, giving greater weight to results from earlier years.

Name: Exponential smoothing is a sophisticated method of trend analysis that weighs each year's sales data, giving greater weight to results from earlier years.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Exponential smoothing actually gives greater weight to more recent data, not earlier years, making it more responsive to recent changes or trends.

Exponential Smoothing Is a Sophisticated Method of Trend Analysis That