For the data of Exercise 18 13, fit an exponentially smoothed curve with smoothing constant Icirc plusmn 0 4 with smoothing constant Icirc plusmn 0 7 Which constant provides more smoothing and why Which curve is quicker to catch up whenever the original series changes direction and why In exercise ...

Using Minitab and smoothing constant a 04 For the smoothed values refer to the Smooth column of this partial printout Single Exponential Smoothing for Pieces SmoothingConstant Alpha 04 Time Pieces Smo ...

For the data of Exercise 18.13, fit an exponentially smoothed curve with smoothing constant Î± = 0.4;

Question:

For the data of Exercise 18.13, fit an exponentially smoothed curve with smoothing constant Î± = 0.4; with smoothing constant Î± = 0.7. Which constant provides more €œsmoothing€ and why? Which curve is quicker to €œcatch up€ whenever the original series changes direction and why?
In exercise