Asked by Amanjot singh on Jun 19, 2024

verifed

Verified

{Liquor Sales Narrative} A centered 5-year moving average is to be constructed for the liquor sales.The number of moving averages that will be calculated is ____________________.

Centered Moving Average

A method used in time series analysis to smooth out short-term fluctuations and highlight longer-term trends or cycles.

Liquor Sales

Transactions involving the purchase and sale of alcoholic beverages, particularly those that are distilled rather than fermented.

8-Year Period

A specific time frame that spans eight years.

  • Implement a moving average analysis to refine time series data and highlight patterns.
  • Calculate and clarify moving averages for predetermined periods, utilizing historical records.
verifed

Verified Answer

SW
Sophia WhiteJun 22, 2024
Final Answer :
4
four