Question: When the value of the smoothing parameter, alpha, in an exponential smoothing model is large, what is true? Question 4 options: We are putting less

When the value of the smoothing parameter, alpha, in an exponential smoothing model is large, what is true?
Question 4 options:
We are putting less weight on expert opinion
We are putting more weight on recent forecasts
We are putting more weight on recent observations
We are putting an average weight across time periods

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