Exponentiation
Exponentiation is a mathematical operation, written as , involving two numbers, the "base" and the "exponent" . When is a positive integer, exponentiation corresponds to repeated multiplication of the base: that is, is the product of multiplying bases:
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.