Exponential smoothing

For questions regarding the import, export and manipulation of data in EViews, including graphing and basic statistics.

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Swansea
Posts: 9
Joined: Wed Feb 17, 2010 4:51 pm

Exponential smoothing

Postby Swansea » Wed Oct 21, 2015 9:53 am

How is initialisation undertaken for Holt's linear method? This is the third option in the exponential smoothing list (Holt-Winters no seasonal). I assume the initial level is just the initial actual value, but cannot see where the initial trend value comes from. I can work it out from the forecasts and then replicate everything, but do not know how it is set.

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