Finding More Hidden Gems in Holt-Winters

Welcome back to this three-part blog post series on Holt-Winters and why it's still highly relevant today. To understand Part Two, I suggest reading Part One, in which we covered:

When to use Holt-Winters.
How Single Exponential Smoothing works.
A conceptual overview of optimization for Single Exponential Smoothing.
Extra: The proof for optimization of the Residual Sum of Squares (RSS) for Linear Regression.

In this piece, Part Two, we'll explore:

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