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Hello there, something is not right in notes of Exponential smoothing in Time series analysis.
When calculating prediction for Quarter 3 of Year 3, it took 75% of last quarter’s actual and 75% of last quarter’s predicted
75% x 2,832 + 25% 2,451 = 2,736
However when calculating Quarter 4 of Year 4, rather then taking 75% actual (2160) of Quarter 3 and 25% of predicted Quarter 3, It took
75% x 1,920 + 25% x 2,737 = 2,124
1920 is actual of Quarter 4 and 2737 is Predicted of Quarter 3..
Please clarify am i missing something here? Kinda confused
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