In a single exponential smoothing model, a large value for the smoothing constant will result in greater smoothing of the data than will a smoothing constant close to zero.

Question

Quizplus · Accepted Answer

A large value for the smoothing constant (close to 1) gives more weight to the most recent observation, resulting in less smoothing. A smoothing constant close to zero results in greater smoothing because it gives more weight to past observations.

In a Single Exponential Smoothing Model, a Large Value for the Smoothing