Smoothing is meant for better analysis of the trend or pattern in the time series
Smoothing is meant for better analysis of the trend or pattern in the time series. Smoothing techniques are used to smooth the irregular trends within the time series pattern.
For the purpose of the forecasting on the future trend in purchasing new motor vehicles, moving averages technique will be used for data smoothing. The moving average method refers to calculating the average of the most recent data (n-values). The average obtained is then used to forecast the future performance of the market. However, the assumption made is that the items under stay would remain constant over time. For example, It should be assumed that the real income for the Australian would increase or remain constant, the motor vehicle loans would be easily accessible, and the cost of maintaining these vehicles would remain constant
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