Moving average Manuel Angel 08/13/202008/13/2020 Statistics Edit The simple mobile forecasting method is used when you want to give more importance to newer datasets to get the forecast. Each point of a moving average of a time series is the arithmetic
Moving average
The simple mobile forecasting method is used when you want to give more importance to newer datasets to get the forecast. Each point of a moving average of a time series is the arithmetic mean of a number of consecutive points
Simple average
The simple average method is to attenuate the data by obtaining the arithmetic mean of a certain number of historical data to get with this the forecast for the next period. The number of data to consider when calculating the
Sales forecast
Forecasting, as is known in the economic environment to the process of forecasting sales or demands, is defined as art and science to predict the future for a particular good, component or service, based on historical data, marketing estimates and
