(c) Show that Holt's method (Section 4/3/3) can be written in the following error feedback form: Lt...

Question:

(c) Show that Holt's method (Section 4/3/3) can be written in the following \error feedback form":

Lt = Lt¡1 + bt¡1 + ®et bt = bt¡1 + ¯®et where et = Yt¡Lt¡1¡bt¡1. Use this result to ¯nd a state space form of Holt's method with state vector containing Lt and bt.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Forecasting Methods And Applications

ISBN: 9780471532330

3rd Edition

Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman

Question Posted: