Improved Holt Method for Irregular Time Series
نویسنده
چکیده
The paper suggests an improvement of Holt method for irregular time series as was presented by Wright. The modification deals with problem of time-close observations, i.e. two subsequent observations with time distance much shorter than in average. If this situation occurs in time series when using the original Wright’s formulae, one can obtain seriously wrong results. Simulation study is provided to compare the performance of the original and improved method.
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