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The Two Properties About a Set of Measurements of a Dependent

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The two properties about a set of measurements of a dependent variable that we are most interested in describing are

Know how to compute moving averages and understand their purpose in time series analysis.
Understand the basics of exponential smoothing and its application in forecasting.
Recognize the role of past data in forecasting future values.
Learn the principle of parsimony in model selection for time series forecasting.

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