Question: When using exponential smoothing, the smoothing constant indicates the accuracy of the previous forecast should be chosen to maximize positive bias can be determined using

When using exponential smoothing, the smoothing constant
indicates the accuracy of the previous forecast
should be chosen to maximize positive bias
can be determined using the MAD and bias
is typically between .75 and .95 for most business applications
When using exponential smoothing, the smoothing constant indicates the accuracy of

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