WIT Press


A New Insight Into The Algebraic Structure Of The Exponential Smoothing Algorithm Of Brown

Price

Free (open access)

Paper DOI

10.2495/DATA000561

Volume

25

Pages

9

Published

2000

Size

656 kb

Author(s)

A. Bellacicco

Abstract

The paper deals with the problem of the algebraic characterization of the exponential smoothing considering its iterative structure in the parame- ters estimation process. Exponential smoothing algorithms are well known as forecasting techniques and support the simulation process too. Actually, the forecasting process avoids any reference to an underlying stochastic process and related assumptions. On the other side it is possible to identify two main algebraic components which can give a new status to the exponential smoothing algorithm so that a new meaning can envis- aged which can be a suitable tool not only for the forecasting process but also for simulating some potential evolution of a sequence of events. The paper considers the algebraic components of the exponential smoothing

Keywords