Simple Explanation of Exponential Smoothing Forecast Method

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Exponential Smoothing sounds complicated and the formula looks complicated...but it's actually very simple. I've created a tutorial that will hopefully help you at work or in school if you have a forecasting problem
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brilliant video, I am reading it through a book but this explains it more Clearly

ronancoogan
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what if you want to forecast for a period where u do not have the actual demand for the previous period?

ChooJiaXuan
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Can I ask, how did you lock the constant so that it auto filled the rest of the data properly?

candicecass
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Based on this formula how would you forecast for more than one data point

utkarshasthana
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How did you cet the smoothing constant?

kaywall
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I actually dont know, how did you put 0, 2 as an alpha? Is that just "trial and error" or there is a method to get that alpha value?

georgedavid