📈 Centered Moving Average in Time Series Analysis (with Example Calculation) 📉
Welcome to our channel! In this video, we’re diving into time series analysis with a focus on the Centered Moving Average technique. This method is popular in data analysis for smoothing out data fluctuations to reveal underlying trends over time. Perfect for identifying seasonal patterns, the centered moving average provides insights by reducing "noise" in the data.
🎬 What You'll Learn:
00:55 - What is a centered moving average?
01:18 - Step-by-step calculation using a real example.
02:40 - Result Comparison
👨🏫 Example Scenario:
We’ll walk through a 3-month centered moving average calculation using sample sales data, showing you how to apply this technique to uncover trends.
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