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Moving Average and Weighted Moving Average Calculations In this tutorial, we will be covering moving average and weighted moving average calculations. Data collected on the yearly demand for 50pound
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Moving average is a calculation used to analyze data points by creating a series of averages of different subsets of the full data set. Weighted moving average assigns a weight to each data point based on its relative importance.
Companies or individuals who need to analyze data trends or make predictions based on past data may be required to calculate and file moving average and weighted values.
To fill out moving average and weighted, first determine the period for averaging and assign weights to each data point. Then, calculate the average using the assigned weights.
The purpose of moving average and weighted is to smooth out fluctuations in data and identify trends over time with more emphasis on recent data points.
The report must include the calculated moving average values and the weighted average values for the specified data set.
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