Exponentiation
When it is a positive integer, the exponent indicates how many copies of the base are multiplied together. For example, . The base appears times in the repeated multiplication, because the exponent is . Here, is the "base", is the "exponent", and is the "power" or, more specifically, "3 raised to the 5th power".
Exponential smoothing
Triple exponential smoothing applies exponential smoothing three times, which is commonly used when there are three high frequency signals to be removed from a time series under study. There are different types of seasonality: 'multiplicative' and 'additive' in nature, much like addition and multiplication are basic operations in mathematics.