Predictive Analytics : Exponential Smoothing
3.5 (2 ratings)
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Predictive Analytics : Exponential Smoothing

Demystifying exponential smoothing techniques
3.5 (2 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
516 students enrolled
Last updated 7/2017
English
Price: $20
30-Day Money-Back Guarantee
Includes:
  • 1 hour on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Basic concepts of exponential smoothing
  • Relationship between various components
  • What are the 12 models of exponential smoothing family
  • How to identify the right model fit for the data series
  • Examples to understand each model
View Curriculum
Requirements
  • Basic understanding of statistics
Description

This course attempts to explain the basic concepts of exponential family of predict modelling. You shall learn about the different components of this family and their relationship. Also learn about how to identify the right model fitment to the given data series. 

Exponential smoothing is one of the most powerful and trusted techniques in predictive analytics specially in demand forecasting. Hence it is important to understand the basic premise of the technique to be able to effectively use it when available in various forecasting software.

This course is designed for business users only and does not get in to mathematical derivations of the statistical models.

Who is the target audience?
  • Supply chain professionals
  • Demand planning professionals
  • Business planning professionals
  • Data analytics professionals
  • Management students
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About the Instructor
Anamind Business Consulting
4.1 Average rating
31 Reviews
1,559 Students
6 Courses
Powerful Planning. Simplified

Anamind helps organizations build business planning and forecasting capability. With simplicity at the core of our approach we offer a world class planning system - PLANAMIND, process consulting services, and training for business planning.

This course has been specifically designed by us to help planning professionals as well as aspirants of this function worldwide, to understand and build their skills in business planning. The course contains both quantitative and qualitative aspects of planning. 

This course is business oriented and not purely academic in nature. We have incorporated our years of learning from global work experience. We have ensured that you are equipped to apply the learnings in real business situations and contribute to your career and as well as your organisation.

Course Design Leads

Dr. Steve Miller, Vice President, has over 40 years of vast expertise in business planning and supply chain function working in Fortune 500 companies like Goodyear as well as the teaching experience in Akron University and Herzing University. 

He holds Bachelors & Masters Degree in Mathematics from Akron University, USA and Doctorate in Theology from Andersonville Theological Seminary, USA

Rishi Trivedi, CEO, is a Business Planning professional with over 15years of work experience in Fortune 500 companies like Apple, Hewlett Packard and Intel. His teaching experience includes assignments with University of Pune and Symbiosis International University.

He is a Chartered Accountant (India) as well as the Certified Professional Forecaster (IBF, USA). He also holds a Masters Degree in Economics from Pune University and Management Certification from IIM Calcutta.