Exponential smoothing relies on a weighted difference between the current period's _________ and ________.
A) Actual data and the previous period's actual data
B) Actual data and the current period's forecast
C) Actual data and the previous period's forecast
D) Actual data and the next period's actual data

Question

Quizplus · Accepted Answer

Exponential smoothing uses the current period's forecast (which is based on the previous period's actual data and forecast) to weigh in the current period's actual data. Therefore, the weighted difference is between the current period's actual data and the current period's forecast.

Exponential Smoothing Relies on a Weighted Difference Between the Current