_________ adjusts the previous forecast with a portion of the previous period's forecasting error.
A)Exponential smoothing
B)Simple moving average
C)Multiplicative decomposition
D)Weighted moving average

Question

Quizplus · Accepted Answer

Exponential smoothing adjusts the previous forecast by adding a portion of the last period's forecast error to it. This method is designed to smooth out data to identify trends in time series data.

_________ Adjusts the Previous Forecast with a Portion of the Previous