Exponential smoothing is a forecasting method where the weights on the lagged dependent variable decline to zero exponentially.

Name: Exponential smoothing is a forecasting method where the weights on the lagged dependent variable decline to zero exponentially.
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Question

Quizplus · Accepted Answer

Exponential smoothing involves exponentially decreasing weights on the lagged dependent variable, resulting in a weighted average where recent values are given higher weight than distant values.

Exponential Smoothing Is a Forecasting Method Where the Weights on the Lagged