Question: Assume you plan to perform Nave forecasting but using exponential smoothing method. Which of the following Alpha (smoothing constant) should be used so that exponential
Assume you plan to perform Nave forecasting but using exponential smoothing method. Which of the following Alpha (smoothing constant) should be used so that exponential smoothing forecast and naive forecast both generate the same result and equal?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
