Author/Authors :
ÇAPAR, Sedat Dokuz Eylül Üniversitesi - Fen Fakültesi - İstatistik Bölümü, Turkey
Title Of Article :
IMPORTANCE OF INITIAL VALUE IN EXPONENTIAL SMOOTHING METHODS
Abstract :
Exponential smoothing is a very popular forecasting method for a wide range of time series data. There are two problems with exponential smoothing. First one is choosing smoothing constant. And second one is how to get initial value. In this paper importance of initial value and effects of it on the forecast is investigated and a cross table is constructed to help forecasters.
NaturalLanguageKeyword :
Exponential Smoothing , Simple Exponential Smoothing , Initial Value
JournalTitle :
dokuz eylul university the journal of graduate school of social sciences
