Which of the following values of the exponential smoothing constant would emphasize the most recent forecast?
A) 1
B) 0
C) 2.0
D) cannot be determined from the information provided

Question

Quizplus · Accepted Answer

An exponential smoothing constant of 0 (or close to 0) would place the most emphasis on the most recent forecast as it would only consider the latest data point and ignore historical data.

Which of the Following Values of the Exponential Smoothing Constant