In exponential smoothing, if you wish to give a significant weight to the most recent observations, then
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In exponential smoothing, if you wish to give a significant weight to the most recent observations, then the smoothing constant should be
a. close to 0.
b. close to 1.
c. close to 0.5.
d. less than the error.
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Related Book For
Quantitative Analysis For Management
ISBN: 213168
12th Edition
Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna
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