Question: Using the exponential smoothing model for forecasting, the smoothing constant alpha determines the level of smoothing and the next forecast error. the strength of reaction
Using the exponential smoothing model for forecasting, the smoothing constant alpha determines the level of smoothing and
the next forecast error.
the strength of reaction to differences between forecast and actual results.
the slope of the growth curve.
a measure of forecast accuracy.
the intercept on the axis.
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