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Simple Moving Average With Example Calculation

Data analyst 272 6 months ago
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In this video, we’ll explain the concept of the Simple Moving Average (SMA) and show you how to calculate it using a step-by-step example. The Simple Moving Average is a fundamental tool in time series analysis, used to smooth out data and identify trends over time. 🔍 What You'll Learn: What is a Simple Moving Average and why it’s important. How SMA helps in identifying the underlying trend in time series data. A detailed example calculation using a dataset of monthly sales figures. Example Calculation: We’ll walk you through calculating a 3-month SMA using sales data from January to May, showing each step clearly so you can easily apply this method to your own data. 📊 Perfect for beginners and those looking to understand time series analysis better! 00:19 - What is Simple Moving Average 01:47 - Example Calculation 🔔 Subscribe and Follow Us: Don't forget to hit the like button if you found this video helpful. Subscribe to our channel for more tutorials on SPSS and other data analysis techniques. 📢 Have Questions? Leave your questions or comments below, and we'll be happy to help. #SimpleMovingAverage #TimeSeriesAnalysis #DataScience #Statistics #SMA #MovingAverage #ExampleCalculation

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