An exponential smoothing model can be found easily by applying the Excel Add Trendline option to a time series.

Question

Quizplus · Accepted Answer

The Excel Add Trendline option does provide various trendline options, including exponential smoothing trendline, but it does not automatically find the best fit for a given time series as there are different variations of exponential smoothing methods. Additionally, the model should be selected and evaluated based on statistical criteria such as AIC or MSE, not simply based on the trendline visual.

An Exponential Smoothing Model Can Be Found Easily by Applying