Assignment: Forecasting wine sales using smoothing
Chap 9.1: Tips & Suggested Steps 5-6
- How can exponential smoothing be fitted to the series, given the inter-day and intra-day cycles? Write the type of method(s), its components and the number of seasons to use.
In this assignment you will use smoothing methods for generating forecasts of wine sales.
Download Australian Wines from ForecastingBook.com/datasets