Question: Single exponential smoothing is a forecasting technique that uses a weighted average of past time - series values to forecast the value of the time
Single exponential smoothing is a forecasting technique that uses a weighted average of past timeseries values to forecast the value of the time series in the next period.
True
False
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
