However, in this article, we will concentrate on "Exponential Smoothing." How to do Exponential Smoothing in Excel? Below are examples of doing Exponential Smoothing in Excel. Exponential Smoothing Example #1 - Sales Forecast We will see one simple data to do the sales forecast for next year....
Exponential Smoothing in Excel 2016 & 2013: Overview Exponential smoothing is a way to smooth out data for presentations or to make forecasts. It’s usually used for finance and economics. If you have a time series with a clear pattern, you could usemoving averages— but if you don’t ha...
it is common to use an exponential smoothing constant of 2/(period length + 1). Because this tip works with stock prices, the normal value is used. If you are working with other kinds of data, you may