An advantage of exponential smoothing techniques over a regression-based trend model is that the exponential smoothing model allows us to weigh each observation equally, thereby giving a fairer method of developing a forecast.

Question

Quizplus · Accepted Answer

Exponential smoothing techniques give more weight to recent observations, unlike regression-based models which can weigh observations equally or based on other criteria.

An Advantage of Exponential Smoothing Techniques Over a Regression-Based Trend