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Time Series Analysis Example 2
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ttotal should be total zero can’t understand the logic ??
Some are higher than average and some are lower than average – however the total difference should be zero.
Suppose you had two numbers – 70 and 80. The average of the two is 75.
The difference between the first number and the average is -5
The difference between the second number and the average is +5
The total of the differences = -5 +5 = 0
Hello Sir,
To calculate the moving average is not clear .How to calculate to get 86
(84.75+87.25)/2
what is meant by perfect world sir???
@ryanpieblock, Perfect world implies that there are ideal conditions, ie, everything goes just as we expect it to.
perfect lecture ever !!!!
Thanku Open Tuition was breaking my head trying to understand Seasonal Variations,after watching this I understood in 5 mins..U r grt help for people doing self study..Thanku again.