Abstract
Doubtlessly, the process of modeling and planning economic processes is a complex procedure. The development of each specific economic system is built on plans, which are drawn up from forecasts. In this paper, the authors show the relationship between methods of exponential smoothing and autoregression. Further, the authors present the method of nonparametric selection of parameters in autoregressive models. Here, the algorithms used in the method give a comparative analysis of the results of the modeling process and retrospective forecasting is discussed. At the end of the paper, the authors give the basic recommendations on the usage of the presented method and its advantages.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
