A moving average is based on historical data,and therefore is a good prediction of what will occur in the future.

Question

Quizplus · Accepted Answer

A moving average is simply an average of the data over a specified period of time. While it can be useful for identifying trends and patterns within the data, it should not be relied upon as a sole predictor of future outcomes. Other factors and variables may also impact the future.

A Moving Average Is Based on Historical Data,and Therefore Is