When using exponential smoothing, the smoothing constant
a. indicates the accuracy of the pre...
Social Studies, 30.10.2019 06:31 walkerrwilson
When using exponential smoothing, the smoothing constant
a. indicates the accuracy of the previous forecast.
b. can be determined using mad.
c. is typically between .75 and .95 for most business applications.
d. should be chosen to maximize positive bias.
Answers: 1
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