On Wed, Jun 15, 2011 at 9:26 PM, Mehreen Humayun <mc090400472@vu.edu.pk> wrote:
--Ref:It smoothes the random fluctuations
Unweighted Moving Average
The Moving Average model is in class of "naive" models, because it takes a data set with variation and creates another data set with less variation, or a smoothed data set. The Moving Average model takes the average of several periods of data; the result is a dampened or smoothed data set; use this model when demand is stable and there is no evidence of a trend or seasonal pattern.
________________Mehreen Humayun4th Semester, MBA(Banking)Distance Learning StudentQuality in Everything We Do
vuZs Banking Group: http://groups.google.com/group/vuzs_banking?hl=en
On Wed, Jun 15, 2011 at 6:34 PM, Mariyam <mc090404586@vu.edu.pk> wrote:
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