Document Type
Thesis - Open Access
Award Date
1975
Degree Name
Master of Science (MS)
Department / School
Economics
Abstract
Forecasting is attempting to predict the future. It is an estimate of what the future demands. There are many ways to predict the future or to forecast. The purpose of this paper is to present various forecasting techniques. Concentrating on exponential smoothing. Exponential smoothing is a method of forecasting that uses the least possible amount of past data, reflecting those past movements in the data. This paper will point out the effects of external information of forecasts and how exponential smoothing is used in forecasting. It will attempt to show some of the more important application of forecasting. An important part of this paper is a program to forecast by exponential smoothing. This program will provide a user with a means of forecasting based on the information he provides.
Library of Congress Subject Headings
Economic forecasting
Exponential functions
Format
application/pdf
Number of Pages
87
Publisher
South Dakota State University
Recommended Citation
Cronan, Timothy Paul, "Forecasting by Exponential Smoothing" (1975). Electronic Theses and Dissertations. 4870.
https://openprairie.sdstate.edu/etd/4870