General Studies · Industrial Engineering
What is the primary purpose of using the moving average method in forecasting?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To identify the trend component of the data
- 2To measure the correlation between two time series
- 3To predict future values based on linear regression
- 4To smooth out short-term fluctuations and highlight longer-term trends✓
Correct answer
To smooth out short-term fluctuations and highlight longer-term trends
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