Trailing-moving average compare to centered-moving average

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Question

There are different types of forecasting models that can be used in business research. Each model is suitable for a type of historical demand data. Some data may have a trend, may be without a trend, or may be seasonal.

How can trendless data be evaluated?

How does a trailing-moving average compare to a centered-moving average?

When should exponential smoothing be used for data? Explain with an example.

In exponential smoothing, what type of smoothing constant should be chosen for little smoothig compared with moderate smoothing? Please provide references.

Reference no: EM133589608

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