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Exponential Smoothing

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Title:
Exponential Smoothing
Author:
Pagos
Downloads:
1900
Rating:
Language:
English
View Online Version

Overview:
This forecast model is used for one step ahead forecasting. Forecast of next time unit is done according to the previous observed data and previous forecast. The smoothing constant you have entered is the weight of previous forecast value. Also an analysis displaying the performance of the forecast depending on the actual data is carried out.
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