Double Exponential Smoothing with Example Calculation | Perform using Minitab
📊 Master Double Exponential Smoothing: A Step-by-Step Guide
In this video, we dive deep into Double Exponential Smoothing, a powerful forecasting method for time series data with trends. Learn how to:
Understand the key equations for level, trend, and forecast
Perform manual calculations step by step
Implement the technique using Minitab
Chapter
00:13 - Double Exponential Smoothing
00:53 - Single Exponential Smoothing
01:11 - Level Equation
01:58 - Trend Equation
03:00 - Forecast Equation
04:04 - Data Set
04:27 - Calculation
08:30 - Perform using Minitab
🔔 Subscribe for more data analysis tutorials and forecasting techniques!
👍 If you found this video helpful, give it a thumbs up and share it with your network.
#DoubleExponentialSmoothing #TimeSeriesAnalysis #Forecasting #DataAnalytics #RProgramming