Question: 5) Say you fitted a damped trend exponential smoothing model with no seasonality to a monthly time series. It turned out that the damping parameter
5) Say you fitted a damped trend exponential smoothing model with no seasonality to a monthly time series. It turned out that the damping parameter was estimated to be 0.9998. What have we learned?
a. The trend appears to be exponential.
b. Trend is fairly weak.
c. The trend is fairly linear.
d. The observed trend is strongly damped.
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