Question: Which statement is True regarding the weighted moving average forecast? the smoothing constant or alpha value must be less than 1 . 0 . the

Which statement is True regarding the weighted moving average forecast?
the smoothing constant or alpha value must be less than 1.0.
the smoothing constant or alpha value must be less than 1.0 and greater than 0.
weights of each data point are not always equal
weights of each data point are always equal

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