Single Exponential Smoothing
Predicted Values - Forecast
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Single Exponential SmoothingPredicted Values - Forecast |
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The forecasts using the single exponential smoothing procedure are the fitted values at the forecast origin. Data up to the origin are used for calculating the fitted values.
Example Output |
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61 55.9663 44.9292 67.0035 62 55.9663 44.9292 67.0035 63 55.9663 44.9292 67.0035 64 55.9663 44.9292 67.0035 65 55.9663 44.9292 67.0035 66 55.9663 44.9292 67.0035 |
Interpretation |
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For the employment data, the forecasts (the predicted percentages of employment in a segment of the food industry) for the next 6 months are all equal to 55.9663.
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