Exponential smoothing, Mathematics

Assignment Help:

Exponential smoothing

It is a weighted moving average technique, this is described by:

New forecast = Old forecast + a (Latest Observation - Old forecast)

Whereas a = Smoothing constant

This method includes automatic weighing of past data along with weights that decrease exponentially with time.


Related Discussions:- Exponential smoothing

Complex number, If z=re i ? ,find the value of |e iz | Solution)   z=r(c...

If z=re i ? ,find the value of |e iz | Solution)   z=r(cos1+isin1) |e iz |=|e ir(cos1+isin1) |=|e -rsin1 |=e -rsin1

In how many years is the population expected to be 42, The population of a ...

The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke 0.1t where k is a constant and t is the time in years.

Pert, define algorithm of pert and pert with suitable examples

define algorithm of pert and pert with suitable examples

PROBABILITY.., Urn A contains 1 white,2 black and 3 red balls;Urn B contain...

Urn A contains 1 white,2 black and 3 red balls;Urn B contains 2 white,1 black and 1 red balls;and Urn C contains 4 white,5 black and 3 red balls.One urn is chosen at random and two

Alcohol solution (mixture), Nora works at a laboratory as a chemist . she w...

Nora works at a laboratory as a chemist . she was told to prepare 100L of 25% alcohol solution. she has on hand of a 15% percent alcohol solution and a 40% alcohol solution which s

Determine a meet b and a join b, Given A and B                 A =  |  1...

Given A and B                 A =  |  1  0  1  |         B =   |  1  1  0  |                       |  1  1  0  |                 |  0  1  1  |                       |  0

Profit, A wholesaler allows a discount of 20% on the list price to a retail...

A wholesaler allows a discount of 20% on the list price to a retailer. The retailer sells at 5% discount on the list price.If a customer paid Rs 114 for an article,what profit is m

History of Mathematics, What are the key features of Greek Mathematics? How...

What are the key features of Greek Mathematics? How does the emphasis on proof affect the development of Greek Mathematics?

Describe simplifying fractions with example, Describe Simplifying Fractions...

Describe Simplifying Fractions with example? When a fraction cannot be reduced any further, the fraction is in its simplest form. To reduce a fraction to its simplest form, div

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd