The Great Crypto Escape's video: How To Calculate Weighted Moving Average Tutorial Statistics Time Series Forecasting Tutorial

Learn How To Calculate Weighted Moving Average in this Statistics Time Series Weighted Moving Average Forecasting Tutorial. In this Weighted Moving Average Tutorial, you will learn the Forecasting Time Series method that relies only on the previous months' data or an average of a number of the previous months with a weighting given to more recent months in order to make a forecast for the following month. This time series forecasting method gives a weighting to the most recent month or a month that is considered to be more influential to the forecast and previous data hence it is given the name Weighted Moving Average Time Series. You can use the Forecast method to make predictions about upcoming sales based on the weighted previous months' data. The Weighted Moving Average is often a more accurate method than the Simple Moving Average but it still has plenty of weaknesses! Weighted Moving Averages Forecasts are often one of the first time-series forecasts run by a company when they are attempting to extrapolate numbers for future months. Enjoy :) *********************************************************************** *********************************************************************** * If you purchase anything through a link in this video, you should assume that I have an affiliate relationship with the company providing the product or service that you purchase, and that I'll be compensated in some small way at no extra cost to you.