For the data of Exercise 18 11, fit an exponentially smoothed curve with smoothing constant Icirc plusmn 0 4 with smoothing constant Icirc plusmn 0 7 Which constant provides more smoothing and why Which curve is quicker to catch up whenever the original series changes direction and why In exercise ...

Using Minitab and smoothing constant a 04 For the smoothed values refer to the Smooth column of this partial printout Single Exponential Smoothing for DegDays SmoothingConstant Alpha 04 Time DegDays S ...

For the data of Exercise 18.11, fit an exponentially smoothed curve with smoothing constant Î± = 0.4;

Question:

For the data of Exercise 18.11, fit an exponentially smoothed curve with smoothing constant Î± = 0.4; with smoothing constant Î± = 0.7. Which constant provides more €œsmoothing€ and why? Which curve is quicker to €œcatch up€ whenever the original series changes direction and why?
In exercise