Question: Exponential Smoothing in time series forecasting is known for: Ignoring recent data trends in favor of historical averages. Giving highest weights to the most recent

Exponential Smoothing in time series forecasting is known for: Ignoring recent data trends in favor of historical averages. Giving highest weights to the most recent observations. Calculating average demand over a fixed period. Using past data to predict future values without adjustments.

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