A single moving average is most appropriate for data with identifiable trends.

Name: A single moving average is most appropriate for data with identifiable trends.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

A single moving average is better suited for smoothing data and identifying the direction of the trend, but it does not well adapt to data with changing trends or seasonal patterns. For data with identifiable trends, more sophisticated methods like exponential smoothing or ARIMA models are often more appropriate.

A Single Moving Average Is Most Appropriate for Data with Identifiable