Simple Moving Average With Example Calculation
In this video, we’ll explain the concept of the Simple Moving Average (SMA) and show you how to calculate it using a step-by-step example. The Simple Moving Average is a fundamental tool in time series analysis, used to smooth out data and identify trends over time.
🔍 What You'll Learn:
What is a Simple Moving Average and why it’s important.
How SMA helps in identifying the underlying trend in time series data.
A detailed example calculation using a dataset of monthly sales figures.
Example Calculation:
We’ll walk you through calculating a 3-month SMA using sales data from January to May, showing each step clearly so you can easily apply this method to your own data.
📊 Perfect for beginners and those looking to understand time series analysis better!
00:19 - What is Simple Moving Average
01:47 - Example Calculation
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