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"Try to Identify How the Current State of Affairs Differs

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"Try to identify how the current state of affairs differs from the desired goal, and then find steps that will reduce the difference." This advice describes a

Understand the basic concepts of time series analysis including its definition and components.
Distinguish between the different types of moving averages.
Identify and explain the four components of time series: trend, cyclical, seasonal, and random variations.
Apply appropriate methods for analyzing time series, including moving averages and exponential smoothing.

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