Question: You are given a time series with data about sales over 1 3 years, with one data point per day. You observe that, every 2

You are given a time series with data about sales over 13 years, with one data point per day. You observe that, every 26 weeks, there is a peak in sales that slowly decreases until the next 26 weeks period. You decide to use a moving average to calculate the trend of sales while smoothing the seasonality. What would be the most appropriate period for the moving average? In other words, how many data points should be used to calculate each value of the moving average?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!