Mathematics

11 June, 10:05

The exponential smoothing forecast for period t + 1 is a weighted average of the

a. actual value in period t + 1 with weight α and the forecast for period t with weight 1 - α.

b. forecast value in period t - 1 with weight α and the forecast for period t with weight 1 - α.

c. actual value in period t with weight α and the forecast for period t with weight 1 - α.

d. forecast value in period t with weight α and the actual value for period t with weight 1 - α.

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