Question: Which statement is NOT true about the exponential smoothing forecasting model? Select one: a. The exponential smoothing model is best suited for forecasting time series
Which statement isNOTtrue about the exponential smoothing forecasting model?
Select one:
a. The exponential smoothing model is best suited for forecasting time series without a strong seasonal variation.b. Unlike the moving average model, data values are not all weighted equally using the exponential smoothing model.c. The exponential smoothing model requires a data set that is mostly all outliers.d. The exponential smoothing model incorporates all available time series data in the forecastStep by Step Solution
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