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When the value of the smoothing parameter, alpha, in an exponential smoothing model is large, what is true? Question 4 options: We are putting less

When the value of the smoothing parameter, alpha, in an exponential smoothing model is large, what is true?

Question

4

options:

We are putting less weight on expert opinion

We are putting more weight on recent forecasts

We are putting more weight on recent observations

We are putting an average weight across time periods

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