Briefly explain the following Quantitative Time Series methods and give an example of when each method would be most appropriately applied: Moving Averages, Exponential Smoothing.
This question references chapter 5 in your textbook: Quantitative forecasting Methods Using Time Series Methods. Briefly explain the following Quantitative Time Series methods and give an example of when each method would be most appropriately applied: Moving Averages Exponential Smoothing Single Exponential Smoothing Holt’s Two-Parameter Method