Question: Period Actual Demand Moving Average Forecast with m = 2 Moving Average Forecast with m = 3 1 1 0 2 5 3 1 5
Period Actual Demand Moving Average Forecast with m Moving Average Forecast with m
The table above shows some data and moving average forecasts for m and m Based on this data and your general knowledge of forecasting, does a moving average forecast become more or less responsive to changes in a data series when more data points are included in the average? Why would a forecaster make this modeling choice? What is the forecast for Period with a moving average of What is the forecast for period with a moving average of
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