Simple Exponential Smoothing Method (Ses) - IT Assignment Help

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Simple exponential smoothing or ETS(A,N,N) - To produce forecasts with the simple exponential smoothing method (SES). we can use the function ses() of the forecast package as we saw last week. However, this week we will be using the more generic function ets , through which we can fit any exponential smoothing model. We will need, however, to specify the type of the model through the argument model as a string of three letters. The first refers to the type of error (additive or multiplicative; A or M), the second refers to the type of trend (none, additive or multiplicative; N, A, or M), and the third refers to the type of seasonality (none, additive or multiplicative; N, A, or M). For SES, we need to set model...ANN" . We will save the output of ets into an object called fin . The function summary provides a summary of the fitted model. while the function forecast() provides the point forecasts and the prediction intervals for a specified horizon, h . 
 


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