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Double Exponential SmoothingGraphs - Smoothed versus Actual |
The double exponential smoothing procedure draws a graph containing the observations, smoothed values, and forecasts, versus time. The graph allows you to visually inspect how the weighted averages fit your data.
The double exponential smoothing procedure also displays, along with the graph, the smoothing constants and three measures to help you determine the accuracy of the fitted values: MAPE, MAD, and MSD.
Example Output |
Interpretation |
For the sales data, the graph shows that the data are fit fairly well by the double exponential smoothing procedure.