Question
$11.00 mat 540
- From Mathematics: General-Mathematics
- Closed, but you can still post tutorials
- Due on Jul. 22, 2011
- Asked on Jul 21, 2011 at 10:00:57PM
Q:
What is the difference between a causal model and a time- series model? Give an example of when each would be used.
What are some of the problems and drawbacks of the moving average forecasting model?
How do you determine how many observations to average in a moving average model?
What are some of the problems and drawbacks of the moving average forecasting model?
How do you determine how many observations to average in a moving average model?
How do you determine the weightings to use in a weighted moving average model?
answers to your questions.
- This tutorial was purchased 2 times and rated No Rating by students like you.
- Posted on Jul 21, 2011 at 11:07:40PM
A:
Preview: ... ot forecast trend well
Require much historical data
How do you determine how many observations to average in a moving average model?
Using the average of a number of adjoining data points or periods. This averaging process uses overlapping observations to generate averages. Suppose a forecaster wants to generate three-period moving averages. The forecaster would take the first three observations of the time series and calculate the average. Then, the forecaster would drop the first observation and calculate the average of the next three observations. This pro ...
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