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Double Exponential SmoothingPredicted values - Forecast |
Double exponential smoothing uses the two components of the smoothed value, level and trend, to generate forecasts. The data up to the origin of forecasts are used to determine the fitted values and forecasts.
Example Output |
25 387788 324546 451030 26 393620 318188 469051 27 399452 310644 488260 28 405284 302374 508193 29 411116 293640 528591 30 416948 284595 549300 |
Interpretation |
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For the sales data, the forecasts (the predicted computer sales) for the next 6 months are displayed next to the corresponding periods. For example, for the next month, you should expect to sell 387788 computers.
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