Describe Smoothing Techniques for Forecasting Models,including Naive,simple Average,moving Average,weighted Moving

question 11

Essay

Describe smoothing techniques for forecasting models,including naive,simple average,moving average,weighted moving average,and exponential smoothing.

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Definitions:

Graduate School

Graduate school is an advanced program of study focused on a particular academic discipline or profession, typically following the completion of an undergraduate degree.

Individualistic Culture

describes a society that values individual rights and independence, emphasizing personal achievements and self-reliance over collective goals.

Collectivistic Culture

Cultures that prioritize the needs and goals of the group over the individual, emphasizing social harmony and interdependence.

Self-esteem

An individual's subjective evaluation of their own worth, including beliefs about oneself, such as feeling competent and valued.