What are the advantages and disadvantages of lowess over other smoothing methods?
Loess and lowess smoothing are popular techniques for trend analysis in data science. They can help you identify the underlying patterns and trends in your data, without being affected by outliers or noise. But how do they work, and what are their advantages and disadvantages over other smoothing methods? In this article, we will explain the basics of loess and lowess smoothing, and compare them with some alternatives.