Does the exponential smoothing improve the model (the blue time series line), wh

Question

Does the exponential smoothing improve the model (the blue time series line), why or why not? I used an alpha of .1. I'm really confused about if exponential smoothing improves my original model, which is just the blue line. Does exponential smoothing assist in home sale trends? I hope this makes sense. Thank you!

AB AC Exponential Smoothing Graph for Yearly Average of New Single Family Home Sales 120.00 100.00 80.00 60.00 40.00 E 20.00 o 0.00 Year Yearly Average of New Single Family Home Sales Exponential Smoothing

Explanation / Answer

from the exponential smoothing in orange color, i observe that it has smoothened the data. this indicates that exponential smoothing improve the model as fluctuations and variations from original data is now removed to a good extent. original data is indicated by blue color which denotes a lot of fluctuations in data

Related Questions

Navigate

• Browse (All)
• Browse D
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.