Data Analytics, Forecasting, Time Series Analysis, Business Analytics, Knowledgebase Analytics.
providing insights into long-term movements. where bt​ is the trend at time t, ℓt​ and ℓt−1​ are the levels at times t and t−1 respectively, bt−1​ is the trend at time t−1, and β∗ is the smoothing constant for the trend. Seasonal Equation: Unique to the Holt-Winters model, this equation adjusts for