Simple Methods and Procedures Used in Forecasting
Simple Methods and Procedures Used in Forecasting
Simple Methods and Procedures Used in Forecasting
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Summary of Results<br />
705000<br />
700000<br />
695000<br />
690000<br />
685000<br />
680000<br />
675000<br />
670000<br />
665000<br />
660000<br />
655000<br />
( graphically )<br />
Brown's L<strong>in</strong>ear<br />
(double) Exponential<br />
Smooth<strong>in</strong>g<br />
Brown's quadratic<br />
(ie, triple) smooth<strong>in</strong>g<br />
model<br />
Holt's method<br />
double exponential<br />
smooth<strong>in</strong>g<br />
forecasted value<br />
real value<br />
Nonl<strong>in</strong>ear smooth<strong>in</strong>g<br />
model
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