Tuesday, May 4, 2010

Brown's double exponential smoothing prediction

Exponential smoothing is obtained by a moving average with weights declining in geometric progression. Brown's double exponential smoothing, includes a trend component which is useful for forecasting series with or without trend but no seasonality. To achieve optimal prediction we need an ALFA coefficient that minimizes squared error, which is achieved by trying different values between zero and one in the following Excel model.
This technique is used to forecast economic series such as: sales, revenues, costs, expenses, production, wages, economic indicators...

Free Download: browns_double.xls

Unlocked template: exceleconomy@gmail.com


Anonymous said...

Hi, can you enable the link for the excel model?

Thank You

rubén said...


link is already available, enjoy it

thank you

buy generic viagra said...

his economic expectations for this year was wrong what mediocre professional, he must be fired for this.

AYŞENUR said...

can you do the same xla file for simple exponential smoothing method?

harry fall said...

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