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The level smoothing constant ( alpha ) of the simple exponential smoothing model A . should have a value closer to one, the greater
The level smoothing constant alpha of the simple exponential smoothing model
A
should have a value closer to one, the greater the revision in the current forecast given the current forecast error.
B
should have a value close to zero if the underlying data is relatively smooth.
C
should have a value closer to zero, the greater the revision in the current forecast given the current forecast error.
D
should have a value close to one if the underlying data is relatively erratic.
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