Simple moving average and weighted moving average

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1) Simple Moving Average (SMA), Weighted Moving Average (WMA) and Exponential Smoothing (ES) are three quantitative methods of forecasting. Compare and contrast the three techniques by identifying their relative advantages and disadvantages. .

2) Mean Absolute Deviation (MAD) and Mean Squared Error (MSE) are two of the several measures of forecast error. What are some of the applications of these and other measures of forecast error?

Reference no: EM131138397

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