Practice Types Of Moving Averages (11.3.2) - Index Numbers and Moving Averages
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Types of Moving Averages

Practice - Types of Moving Averages

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Calculate the 2-day simple moving average for the data points [5, 10, 15].

💡 Hint: Add the first two numbers and divide by 2.

Question 2 Easy

What is the purpose of a moving average?

💡 Hint: Think about what happens when you average a temperature over several days.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does SMA stand for?

Simple Moving Average
Standard Mean Average
Simple Median Average

💡 Hint: Focus on the term 'Simple'.

Question 2

True or False: The Weighted Moving Average gives all data points equal importance.

True
False

💡 Hint: Remember what we discussed about weighting.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Given the data points [15, 20, 25, 30, 35] and weights [1, 2, 3, 4, 5], calculate the WMA and explain its significance.

💡 Hint: Make sure to multiply properly and find the significance in terms of trends.

Challenge 2 Hard

Discuss how moving averages can aid in economic forecasting and give an example related to inflation.

💡 Hint: Consider how inflation numbers can fluctuate and need smoothing.

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