I am trying to build an exponential smoothing model and wanted to know what does the "ETS(M,A,N)" means, in terms of what does M, A and N stand for and what does it tell about this model. I also wanted to know if through this output there is any way to tell the model output is Additive or Multiplicative. Lastly, I wanted to know if through this output I can know the model is factored trend and seasonality? Please let me know if you can help me understand the output and if not, I can use any other functions to understand these items! Thank you for your help.
Call: ets(y = ts1)
Smoothing parameters: alpha = 1e-04 beta = 1e-04
Initial states: l = 344613.9475 b = 9014.0389
AIC AICc BIC
1272.851 1274.430 1281.772