In Exponential Smoothing, Discuss the Difference Between α and β

question 130

Essay

In exponential smoothing, discuss the difference between α and β.

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Definitions:

Inversely Related

A situation where an increase in one variable leads to a decrease in another variable, demonstrating a reverse association between the two.

Positive Relationship

A connection between two variables where an increase in one variable results in an increase in another.

Independent Variable

In experimentation or statistical analysis, the variable that is manipulated or changed to observe its effects on the dependent variable.

Dependent Variable

In statistical and mathematical analysis, the variable whose value is subject to the influence of another variable.