Forecasting models introduction, Other Subject

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Forecasting models introduction

a) Illustrate the difference between a causal model and a time- series model? Give an illustration of when each would be used.

b) Describe some of the problems and drawbacks of the moving average forecasting model?

c) Explain how do you find out how many observations to average in a moving average model?

d) How do you find out the weightings to use in a weighted moving average model?

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Other Subject: Forecasting models introduction

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