When using Excel to calculate an exponentially smoothed series,we first activate the Exponential Smoothing dialog box.After selecting the relevant time series we have to select the box next to Damping Factor.If we want to construct an exponentially smoothed series with α,then for Damping Factor we enter _____.
A) 1 - α
B) α
C) α/2
D) 1 - α/2

Question

Quizplus · Accepted Answer

In exponential smoothing, the damping factor is defined as 1 - α, where α is the smoothing constant.

When Using Excel to Calculate an Exponentially Smoothed Series,we First