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Test your understanding with targeted questions related to the topic.
Question 1
Easy
Calculate the 2-day simple moving average for the data points [5, 10, 15].
π‘ Hint: Add the first two numbers and divide by 2.
Question 2
Easy
What is the purpose of a moving average?
π‘ Hint: Think about what happens when you average a temperature over several days.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does SMA stand for?
π‘ Hint: Focus on the term 'Simple'.
Question 2
True or False: The Weighted Moving Average gives all data points equal importance.
π‘ Hint: Remember what we discussed about weighting.
Solve 1 more question and get performance evaluation
Push your limits with challenges.
Question 1
Given the data points [15, 20, 25, 30, 35] and weights [1, 2, 3, 4, 5], calculate the WMA and explain its significance.
π‘ Hint: Make sure to multiply properly and find the significance in terms of trends.
Question 2
Discuss how moving averages can aid in economic forecasting and give an example related to inflation.
π‘ Hint: Consider how inflation numbers can fluctuate and need smoothing.
Challenge and get performance evaluation