Question: In order to decrease the responsiveness (volatility) of following forecast models, what can you do? Simple moving average method - describe in terms of averaging

  1. In order to decrease the responsiveness (volatility) of following forecast models, what can you do?

Simple moving average method - describe in terms of averaging periods (number of data points to use):

Exponential Smoothing method describe in terms of alpha value (smoothing constant):

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