In exponential smoothing, an α of 0.3 will cause a forecast to react more quickly to a large error than will an α of 0.2.

Name: In exponential smoothing, an α of 0.3 will cause a forecast to react more quickly to a large error than will an α of 0.2.
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This is true as a smaller value of α places more weight on past observations and less weight on the most recent observation, causing the forecast to change less quickly in response to a large error.

In Exponential Smoothing, an α of 0