Question: A lower value of the alpha coefficient in an exponential smoothing forecast: Turns the forecast into a na ve forecast Attaches greater value to

A lower value of the alpha coefficient in an exponential smoothing forecast:
Turns the forecast into a "nave forecast"
Attaches greater value to the forecast error
Makes the forecast smoother
Makes the forecast more responsive to recent changes in the data
A lower value of the alpha coefficient in an exponential smoothing

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