1. Impact of α (Level Smoothing Factor): Higher α: Impact: A higher α gives more weight to recent observations, making the model more responsive to short-term fluctuations.
Alpha Smoothing Factor Impact on Model Responsiveness
By
–
By
–
1. Impact of α (Level Smoothing Factor): Higher α: Impact: A higher α gives more weight to recent observations, making the model more responsive to short-term fluctuations.