Smoothing time series data by the moving average method or exponential smoothing method is an attempt to remove the effect of the random variation component.

Name: Smoothing time series data by the moving average method or exponential smoothing method is an attempt to remove the effect of the random variation component.
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Question

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Smoothing methods aim to remove the effect of random variation or noise in time series data. Both moving average and exponential smoothing methods can be used for this purpose.

Smoothing Time Series Data by the Moving Average Method or Exponential