Video 5: Forecasting Techniques: Simple Exponential Smoothing Method

This video illustrates an application of simple exponential smoothing technique. The goal in this video is to walk through the steps in this forecasting technique, compute the error measurements, and how to find the best parameter values to obtain the minimum error. Please read the problem description before watching this video. After watching it, please go to the survey form below, and rate this video and leave your comments.