Which is not true regarding simple exponential smoothing?
A)Small values of alpha ($\alpha$) place more emphasis on past data
B)Larger values of alpha ($\alpha$) have the advantage of quickly adjusting the forecast
C)If alpha ($\alpha$) equals zero, the forecast will never change
D)If alpha ($\alpha$) equals one, the forecast will never change

Question

Quizplus · Accepted Answer

If alpha ($\alpha$) equals one, the forecast will be equal to the most recent observation, not that it will never change.

Which Is Not True Regarding Simple Exponential Smoothing? A)Small Values α\alphaα

Which Is Not True Regarding Simple Exponential Smoothing?
A)Small Values $\alpha$