Question: How can trendless data be evaluated? How does a trailing-moving average compare to a centered-moving average? When should exponential smoothing be used for data? Explain
How can trendless data be evaluated? How does a trailing-moving average compare to a centered-moving average? When should exponential smoothing be used for data? Explain with an example. In exponential smoothing, what type of smoothing constant should be chosen for little smoothing compared with moderate smoothing? Justify your answers using examples and reasoning
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
