Holt's model differs from simple exponential smoothing in that it includes a term for
A)seasonality.
B)trend.
C)residuals.
D)cyclical fluctuations.

Name: Holt's model differs from simple exponential smoothing in that it includes a term for A)seasonality. B)trend. C)residuals. D)cyclical fluctuations.
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Question

Quizplus · Accepted Answer

Holt's model extends simple exponential smoothing by incorporating a trend component in addition to the level component, allowing it to account for data with trends over time.

Holt's Model Differs from Simple Exponential Smoothing in That It