In the Holt-Winters method of forecasting,the term U refers to the
A) trend value of the smoothed series.
B) level of the smoothed series.
C) smoothing constant in the Level equation.
D) smoothing constant in the Trend equation.

Question

Quizplus · Accepted Answer

U is the smoothing constant used in the Level equation in the Holt-Winters method of forecasting. This method involves equations for level, trend, and seasonality, each with its own smoothing constant.

In the Holt-Winters Method of Forecasting,the Term U Refers to the