Asked by Justin Paquet on May 11, 2024

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Verified

The Holt-Winters additive model is based on the equation ________.

A) Ft + 1 = at + bt + St - s - 2
B) Ft + 1 = at + bt + St - s + 1
C) Ft + 1 = at - 2 + bt + St - s - 2
D) Ft + 1 = at + bt -1 + St - 2

Holt-Winters Additive Model

A forecasting technique that captures seasonality, trend, and level in time series data, adding them together for prediction.

Exponential Smoothing

It is a rule of thumb technique for smoothing time series data using the exponential window function.

Additive Model

A statistical model where the effect of variables is linear and additive, assuming each variable contributes a separate and additive amount to the final outcome.

  • Insight into the exponential smoothing model, highlighting the simple and double exponential smoothing approaches.
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Verified Answer

RB
Robert BartonMay 12, 2024
Final Answer :
B
Explanation :
The Holt-Winters additive model is based on the equation Ft + 1 = at + bt + St - s + 1. Option B matches this equation.