1. Briefly describe the main concept used in Exponential Smoothing models. 2. List three types of Exponential...
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1. Briefly describe the main concept used in Exponential Smoothing models.
2. List three types of Exponential Smoothing models.Please draw a simple graph for each type, depicting what the forecasts would look like.
3. Briefly define a Moving Average process (use notation/equations if needed).
4. Briefly define an Autoregressive process (use notation/equations if needed).
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