If a time series has a trend and seasonality,the simple exponential smoothing model is the most appropriate model to be used for forecasting.

Question

Quizplus · Accepted Answer

The simple exponential smoothing model is only appropriate for time series data that have no trend or seasonality. For time series data with trend and seasonality, more advanced models such as the Holt-Winters method should be used for forecasting.

If a Time Series Has a Trend and Seasonality,the Simple