HI all,
I have a few questions:
-
Is there a code to extract the optimal smoothing constant once you have run the ETS model?
(the example shows α =0.84 ) -
Is there a code to extract the ℓ0 once you have run the ETS model?
( ℓ0 for in the year 1959 , (in the example is = 39.54)) -
How do you get to 39.54? ( I don´t understand how the calculation is done and why)
# Estimate parameters
fit <- algeria_economy %>%
*model(ETS(Exports ~ error("A") + trend("N") + season("N")))*
fc <- fit %>%
forecast(h = 5)
Thanks in advance!