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Forecasting based on creeping trend with harmonic weights

Forecasting based on creeping trend with harmonic weights. Creeping trend can be used if variable changes irregularly in time. We use OLS to estimate parameters of partial trends. Step I. Determine the smoothing constant 1< k <n. T he most often used k=3 .

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Step ix cont - PowerPoint PPT Presentation

Forecasting based on creeping trend with harmonic weights