CESM Procedure

Parameter Estimation

All the parameters (smoothing weights) that are associated with the exponential smoothing model that is used to forecast the time series (as specified by the METHOD= option in the PROC CESM statement) are optimized based on the data, with the default parameter restrictions imposed. If the TRANSFORM= option is specified in the FORECAST statement, the transformed time series data are used to estimate the model parameters.

Last updated: July 09, 2026