Exponential smoothing uses an exponentially weighted moving average (EWMA) for time series forecasting. This document explores several methods for forecasting with EMWAs. # Load packages library (fpp2 ...

# department store over a 6-year period. The time plot of the data is shown in # the following figure. # • Simple exponential smoothing of the raw series --> not suitable # • Double exponential ...

In time series exponential smoothing can be considered as a method to smooth the time series data. We can also consider it as a thumb rule technique which is an approximate method of doing something.