Give examples of forecasting situations in which you would use (i) exponential smoothing, (ii) additive regression, and
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Give examples of forecasting situations in which you would use (i) exponential smoothing, (ii) additive regression, and (iii) multiplicative regression. Describe whether these methods should be used for short- or long-term forecasts and the type of data to which they should be applied.
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Shortterm forecasts Longterm forecasts Type of data Exponential smoothing ...View the full answer
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Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
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Related Book For
Business Statistics
ISBN: 9780133899122
3rd Canadian Edition
Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright
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