Abstract
The following quote was obtained by the news editors from the background informa tion supplied bythe inventors: “Time-series data contains sequential data point s (e.g., data values) that are observedat successive time durations (e.g., hour ly, daily, weekly, monthly, annually, etc.). For example, monthlyrainfall, dail y stock prices, annual profits, etc., are examples of time-series data. Forecast ing is a machinelearning process which can be used to observe historical values of time-series data and predict future valuesof the time-series data. There ar e numerous types of forecasting models including exponential smoothingwhich use s a weighted sum of past observations of the time-series to make predictions abo ut future valuesof the data.