Every form of exponential smoothing model has at least one smoothing constant,which is always between 0 and 1.

Name: Every form of exponential smoothing model has at least one smoothing constant,which is always between 0 and 1.
Brand: Quizplus
Rating: 4.8 (30 reviews)

Question

Quizplus · Accepted Answer

Exponential smoothing models use smoothing constants to weight recent observations more heavily than older observations, and these constants are indeed always set between 0 and 1 to ensure proper weighting.

Every Form of Exponential Smoothing Model Has at Least One