If a time series is such that sales are consistently increasing from one year to the next,

Question:

If a time series is such that sales are consistently increasing from one year to the next, will exponential smoothing tend to produce forecasts that are (a) over or (b) under the sales that are actually realized for the forecast period? Why?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: