In exponential smoothing, using α = .20 will give a smoother series than using α = .05.

Name: In exponential smoothing, using α = .20 will give a smoother series than using α = .05.
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Using a smaller value of α results in a smoother series as it gives more weightage to the previous periods and less to the current period. Therefore, using α = .05 will give a smoother series than using α = .20.

In Exponential Smoothing, Using α =