This document discusses three forecasting methods: exponential smoothing, exponential smoothing with trend, and multiplicative decomposition. Exponential smoothing provides forecasts that change gradually over time based on historical data. Exponential smoothing with trend accounts for trends in the data. Multiplicative decomposition breaks down time series data into seasonal, trend, and irregular components.
This document discusses three forecasting methods: exponential smoothing, exponential smoothing with trend, and multiplicative decomposition. Exponential smoothing provides forecasts that change gradually over time based on historical data. Exponential smoothing with trend accounts for trends in the data. Multiplicative decomposition breaks down time series data into seasonal, trend, and irregular components.
This document discusses three forecasting methods: exponential smoothing, exponential smoothing with trend, and multiplicative decomposition. Exponential smoothing provides forecasts that change gradually over time based on historical data. Exponential smoothing with trend accounts for trends in the data. Multiplicative decomposition breaks down time series data into seasonal, trend, and irregular components.