# Question

For the data of Exercise 18.15:

a. Fit an exponentially smoothed curve with smoothing constant α = 0.6.

b. For these data, describe the appearance of the exponentially smoothed curve when the smoothing constant is α = 0.0; when α = 1.0. Why is it not useful to assign either of these extreme values?

a. Fit an exponentially smoothed curve with smoothing constant α = 0.6.

b. For these data, describe the appearance of the exponentially smoothed curve when the smoothing constant is α = 0.0; when α = 1.0. Why is it not useful to assign either of these extreme values?

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