In exponential smoothing, what values can the smoothing constant, $\alpha$, have?
A) [-1, 1]
B) [1, $\infty$]
C) [0, $\infty$]
D) [0, 1]
E) [-$\infty$, $\infty$]

Question

Quizplus · Accepted Answer

The smoothing constant, denoted by α, is a value between 0 and 1 that determines the weight given to the most recent observation when forecasting future values. Therefore, the possible values of α are [0, 1].

In Exponential Smoothing, What Values Can the Smoothing Constant α\alphaα , Have? A) [-1, 1] B) [1

In Exponential Smoothing, What Values Can the Smoothing Constant $\alpha$ , Have?
A) [-1, 1]
B) [1