characteristics of exponential smoothing1 more
Characteristics of Exponential Smoothing
1. More weight is described to the most recent data.
2. All past data are incorporated not like in moving averages.
3. Less data is required to be stored unlike in periodic moving averages.
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exponential smoothingit is a weighted moving average technique this is described bynew forecast old forecast a latest observation - old
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characteristics of exponential smoothing1 more weight is described to the most recent data2 all past data are incorporated not like in moving
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