Question: In adjusted exponential smoothing , the beta value represents importance given to the most recent change in trend True False Higher values of alpha in

  1. In adjusted exponential smoothing , the beta value represents importance given to the most recent change in trend

True

False

  1. Higher values of alpha in exponential smoothing means the last data point is more important than previous forecast

True

False

  1. The forecasts are used to predict how many workers you will need in your factory next year

True

False

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