Which of the following statements about the method ofexponential smoothing is no

Question

Which of the following statements about the method ofexponential smoothing is not true? A)It gives greater weight to more recent data.
B)It can be used for forecasting.
C)It gives greater weight to the earlier observations in theseries.
D)It uses all earlier observations in each smoothingcalculation.
Which of the following statements about the method ofexponential smoothing is not true? 14. Which of the following is NOT an advantage of exponentialsmoothing? A)It enables us to smooth out seasonal components.
B)It enables us to perform one-period ahead forecasting.
C)It enables us to perform more than one-period aheadforecasting.
D)It enables us to smooth out cyclical components.
14. Which of the following is NOT an advantage of exponentialsmoothing? A)It enables us to smooth out seasonal components.
B)It enables us to perform one-period ahead forecasting.
C)It enables us to perform more than one-period aheadforecasting.
D)It enables us to smooth out cyclical components.
Which of the following is NOT an advantage of exponentialsmoothing? 15.

Explanation / Answer

13. D) It uses all earlier observations in each smoothingcalculation. 14.D) It enables us to smooth out cyclical components.
15.D) the irregular component has not been accounted for 14.D) It enables us to smooth out cyclical components.
15.D) the irregular component has not been accounted for

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