Naive, Moving Average, Weighted Moving Average (Forecasting Techniques) Lecture # 10

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  • Опубликовано: 28 авг 2024

Комментарии • 72

  • @xhenihoxha7093
    @xhenihoxha7093 Год назад

    Thank you so much, your explanation is much more understandable than my phd.professor! Great job !

    • @technicalpeaks
      @technicalpeaks  Год назад

      Glad it was helpful!

    • @soshomastho5246
      @soshomastho5246 Год назад

      So true!
      Will support you by subscribing and sharing it with my fellows!

  • @chrystaltoo2
    @chrystaltoo2 2 года назад +6

    You break this topic down very well. Thank you so much for making it simple to understand!!

    • @technicalpeaks
      @technicalpeaks  2 года назад +1

      I am really glad to know that you liked it!
      Best wishes!

  • @marjoriejohnson9421
    @marjoriejohnson9421 2 года назад +2

    OMG thank you so much. I'd gotten the Naive and the MA, but the WMA was just totally over my head, the way it was explained in my textbook. I appreciate the help.

  • @Adam1llion
    @Adam1llion 2 года назад +6

    Thank you so much! My textbook did not explain naive at all and this was spot on!

  • @CUTECAT59036
    @CUTECAT59036 3 года назад +2

    Thank you sir. This is a very informative video and it helps me a lot with my preparations for my mid exams.

  • @damithboange456
    @damithboange456 2 года назад +4

    Thank sir, love from sri lanka

  • @LalitKumar-nj7xc
    @LalitKumar-nj7xc 2 года назад +2

    Thank you , the way you explain is very good.

    • @technicalpeaks
      @technicalpeaks  2 года назад +1

      Glad I could help!! Really appreciate your support!!

  • @chiefdoer
    @chiefdoer 10 месяцев назад +2

    Thank you

  • @bontu4018
    @bontu4018 Год назад +2

    Thank you so much
    I have one question
    how to a form product dd for the least period is given below period dd period 1,2,3,4,5,6,7,8,9 dd 44,52,50,54,55,55,60,56,62 develop a linear trend equation ,predict the dd value for the next period and find the regression equation

  • @mulengakazembe557
    @mulengakazembe557 2 года назад +2

    The video is so helpful

    • @technicalpeaks
      @technicalpeaks  2 года назад

      I am glad you liked it. Please subscribe, your support would help a lot!

  • @d-76reetinarshanahr43
    @d-76reetinarshanahr43 9 месяцев назад

    its definitely worth it. thankyou so much.

  • @francismali5840
    @francismali5840 11 месяцев назад

    Thank you so much ❤️❤
    Peace be unto you sir❤🇿🇲🇿🇲🇿🇲🇿🇲

  • @selinakhosa592
    @selinakhosa592 3 месяца назад

    Wooooow this helped alot

  • @rushinisandamini2461
    @rushinisandamini2461 11 месяцев назад

    Thank you sir.from sri lanka..

  • @breathemusic5260
    @breathemusic5260 2 года назад +2

    Is this correct method? Because on other channels I am seeing that... For example to calculate for 3 month moving average , they place the value between the 3 samples... But you have placed value after 3 samples.. Can you please clarify?

    • @technicalpeaks
      @technicalpeaks  2 года назад +1

      I don't know if I am understand you correctly. But you are saying that in order to find the 3 months moving average for any upcoming month you need one previous month demand, present month demand and the next month demand. But that doesn't make sense to me. Because If you already know demand of the next month why would you find it's forecasting demand.
      I double checked it from books that I use and this is the right method to do so.
      To find 3 months moving average forecasting demand for upcoming month.. you need to average the last three months demands.

    • @breathemusic5260
      @breathemusic5260 2 года назад

      @@technicalpeaks
      what I was saying is mentioned in this video. can you please let me know ,which method to go with.
      ruclips.net/video/ADHMOBiBcFg/видео.html

    • @technicalpeaks
      @technicalpeaks  2 года назад +1

      Okay. Got it! She is doing the same thing. Except she says that 21.4 is the moving average. She doesn't mention forecast she is only telling how to find moving average. But in my video we are considering that moving average as our next year forecast!

    • @technicalpeaks
      @technicalpeaks  2 года назад +2

      So, infact she is placing 21.4 in the middle of first 5 years because it's their moving average. But if forecasting it will be considered as forecast for the sixth year.

    • @technicalpeaks
      @technicalpeaks  2 года назад +1

      So. If you are dealing with moving average only then follow her technique. But if you are trying to find the forecast through moving average then follow my method!!

  • @_vishchauhan
    @_vishchauhan Год назад

    You are good teacher 👍

  • @karllocke4088
    @karllocke4088 Год назад

    Well explained, thanks so much

  • @sanda_muthu2854
    @sanda_muthu2854 Год назад

    Thank you so much!

  • @navketan1965
    @navketan1965 Год назад

    Sir, If I am doing double exponential smoothing 5 period moving average with a software program--after 5 period exponential moving average is calculated say (X) does computer do second calculation with data X and (X-t1) (X-t2) (X-t3) (X-t4)- - - - forgive me,I went to college 50 years ago..(X-t1) is exponential moving average one period prior & so on.

    • @technicalpeaks
      @technicalpeaks  Год назад

      Hi. Navketan, I couldn't quite understand.

    • @technicalpeaks
      @technicalpeaks  Год назад

      For exponential smoothing, we need the difference of previous period Actual and predicted, combining with moving average of five periods.

  • @lamagh778
    @lamagh778 2 года назад

    Thank u soooo much , you helped me🙏🏻

    • @technicalpeaks
      @technicalpeaks  2 года назад

      I am glad to be of help! Please do subscribe! Would help me a lot!

  • @ikssiam2178
    @ikssiam2178 2 года назад

    Exponential smoothing Method Does not cover in this Video?

    • @technicalpeaks
      @technicalpeaks  2 года назад +1

      No. It's in the next video. Here is the link to exponential smoothing.
      ruclips.net/video/vE5xp2N13Ko/видео.html

  • @midnightdishwasher1071
    @midnightdishwasher1071 2 года назад

    thanks alot

  • @nimralatif7231
    @nimralatif7231 2 года назад

    Thank u it help me alote ❤

  • @pashtun-travels-uk
    @pashtun-travels-uk 2 года назад

    Any information about linear algebra and simulation and modeling techniques

    • @technicalpeaks
      @technicalpeaks  2 года назад

      I have uploaded some videos explaining mathematical modeling of different types of systems. Including mechanical, electrical and have multiple degrees of freedom!

    • @pashtun-travels-uk
      @pashtun-travels-uk 2 года назад

      @@technicalpeaks can you give me ur contact number?

    • @technicalpeaks
      @technicalpeaks  2 года назад

      ruclips.net/p/PLqxBD-2nGTjcmG07y3KywbhgTYtAmJWe6

    • @technicalpeaks
      @technicalpeaks  2 года назад

      This is the complete playlist!

  • @mixedm-bstudio1518
    @mixedm-bstudio1518 2 года назад

    Sir it's me,kindly show those videos which u hidden of rac lab.soon plz

    • @technicalpeaks
      @technicalpeaks  2 года назад +1

      They are public now. Please share them with your fellows so, it can get more views otherwise it'll affect the rest of my videos. That's why I had to keep them private.

  • @pashtun-travels-uk
    @pashtun-travels-uk 2 года назад

    Salam..how to contact you sir? In Peshawar

  • @shazimgujjar3972
    @shazimgujjar3972 2 года назад +2

    Very informative but kindly work on your accent don’t try to copy English peoples accent use your own natural accent in english speaking and second suggestion is kindly make videos in urdu so the people can understand easily.

    • @technicalpeaks
      @technicalpeaks  2 года назад +3

      I don't copy. It's my natural accent!
      Thanks for your nice feedback!

    • @shazimgujjar3972
      @shazimgujjar3972 2 года назад

      @@technicalpeaks ok sorry for this n highly appreciate your skills❤️

  • @karanrwt
    @karanrwt Год назад

    bhai jb english m dikkat h to hindi m hi bnalo video