Formatted Line Chart for Forecasting Example

This is an example of Forecasting. In the forecasting, ploting a timeseries is one of the first step. You may use timeseries plotting function but you could also use the generic function plot with right options to look it better. Input data file has month, and dollar sales. Since, weekend is an important driver of ... Read more

Simple Exponential Smoothing

              Somple Exponential Smoothing Forecasting is used to estimate future value of a time series. There are many different forecasting techniques available A few of them are : Moving Average Weighted Moving Average Simple Exponential Smoothing Double Exponential Smoothing/ Winter Method Triple Exponential Smoothing Holt Winter Method And some ... Read more