Question: For exponential smoothing (ES) and moving average (MA) models: an ES model with a small alpha is similar to an MA model with a small

For exponential smoothing (ES) and moving average (MA) models:

  1. an ES model with a small alpha is similar to an MA model with a small span because both are smoother.
  2. an ES model with a large alpha is similar to an MA model with a small span because both are more responsive.
  3. an ES model with a small alpha is similar to an MA model with a small span because both are more responsive.
  4. an ES model with a large alpha is similar to an MA model with a small span because both are smoother.

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