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Q6 Homework Unanswered. Due Today, 11:59 PM Suppose you decided to use a simple exponential smoothing to make a prediction of the next period. Explain

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Q6 Homework Unanswered. Due Today, 11:59 PM Suppose you decided to use a simple exponential smoothing to make a prediction of the next period. Explain which alpha you prefer to use if you want recent data to be taken into account with much heavier weight than old data. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. alpha closer to 1 but less than 1 b alpha closer to o but greater than 0 alpha greater than 1 d negative alpha

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