Question: How does the exponential smoothing model handle data when creating forecasts? It applies a fixed percentage to all past periods. It only considers the most

How does the exponential smoothing model handle data when creating forecasts?
It applies a fixed percentage to all past periods.
It only considers the most recent time period for forecasting.
It adjusts the smoothing factor based on the trend's direction.
It uses all past data equally to predict future trends.
How does the exponential smoothing model handle data when creating forecasts?

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