Using Seasonal Simplification to Improve Forecasts

2014-11-10T12:16:40+00:00November 10th, 2014|Categories: Forecasting Education|Tags: , |

Forecast Pro includes a forecasting approach called seasonal simplification. Seasonal simplification is an extension of exponential smoothing which “simplifies” the modeling of the seasonal pattern by reducing the number of indices used. In many cases the seasonally simplified model can substantially improve forecast accuracy. […]