What is exponential smoothing? Why it is successfully used by banks, manufacturing companies, wholesalers and other organization?
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What is exponential smoothing? Why it is successfully used by banks, manufacturing companies, wholesalers and other organization?
Answer:
Explanation:
Exponential smoothing is a rule of thumb technique for smoothing time series data using the exponential window function. it is usually used in banks due to it's usefulness for finance and economics.