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

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  • เผยแพร่เมื่อ 29 พ.ย. 2024

ความคิดเห็น • 73

  • @xhenihoxha7093
    @xhenihoxha7093 ปีที่แล้ว

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

    • @technicalpeaks
      @technicalpeaks  ปีที่แล้ว

      Glad it was helpful!

    • @soshomastho5246
      @soshomastho5246 ปีที่แล้ว

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

  • @chrystaltoo2
    @chrystaltoo2 2 ปีที่แล้ว +7

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

    • @technicalpeaks
      @technicalpeaks  2 ปีที่แล้ว +1

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

  • @marjoriejohnson9421
    @marjoriejohnson9421 2 ปีที่แล้ว +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 3 ปีที่แล้ว +7

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

  • @CUTECAT59036
    @CUTECAT59036 3 ปีที่แล้ว +3

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

    • @technicalpeaks
      @technicalpeaks  3 ปีที่แล้ว

      Glad to be of help!! 🌻 🌻

    • @jessaortiz263
      @jessaortiz263 2 ปีที่แล้ว

      Thank you so much♥️♥️♥️

  • @LalitKumar-nj7xc
    @LalitKumar-nj7xc 2 ปีที่แล้ว +2

    Thank you , the way you explain is very good.

    • @technicalpeaks
      @technicalpeaks  2 ปีที่แล้ว +1

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

  • @damithboange456
    @damithboange456 3 ปีที่แล้ว +4

    Thank sir, love from sri lanka

  • @bontu4018
    @bontu4018 ปีที่แล้ว +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

  • @_vishchauhan
    @_vishchauhan ปีที่แล้ว

    You are good teacher 👍

  • @mulengakazembe557
    @mulengakazembe557 2 ปีที่แล้ว +2

    The video is so helpful

    • @technicalpeaks
      @technicalpeaks  2 ปีที่แล้ว

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

  • @d-76reetinarshanahr43
    @d-76reetinarshanahr43 ปีที่แล้ว

    its definitely worth it. thankyou so much.

    • @technicalpeaks
      @technicalpeaks  11 หลายเดือนก่อน

      Appreciate your support

  • @chiefdoer
    @chiefdoer ปีที่แล้ว +2

    Thank you

  • @francismali5840
    @francismali5840 ปีที่แล้ว

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

  • @rushinisandamini2461
    @rushinisandamini2461 ปีที่แล้ว

    Thank you sir.from sri lanka..

  • @karllocke4088
    @karllocke4088 2 ปีที่แล้ว

    Well explained, thanks so much

    • @technicalpeaks
      @technicalpeaks  2 ปีที่แล้ว

      I am glad you liked it. 🌻🌻

  • @breathemusic5260
    @breathemusic5260 3 ปีที่แล้ว +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  3 ปีที่แล้ว +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 3 ปีที่แล้ว

      @@technicalpeaks
      what I was saying is mentioned in this video. can you please let me know ,which method to go with.
      th-cam.com/video/ADHMOBiBcFg/w-d-xo.html

    • @technicalpeaks
      @technicalpeaks  3 ปีที่แล้ว +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  3 ปีที่แล้ว +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  3 ปีที่แล้ว +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!!

  • @selinakhosa592
    @selinakhosa592 6 หลายเดือนก่อน

    Wooooow this helped alot

  • @navketan1965
    @navketan1965 ปีที่แล้ว

    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  ปีที่แล้ว

      Hi. Navketan, I couldn't quite understand.

    • @technicalpeaks
      @technicalpeaks  ปีที่แล้ว

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

  • @sanda_muthu2854
    @sanda_muthu2854 ปีที่แล้ว

    Thank you so much!

  • @lamagh778
    @lamagh778 2 ปีที่แล้ว

    Thank u soooo much , you helped me🙏🏻

    • @technicalpeaks
      @technicalpeaks  2 ปีที่แล้ว

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

  • @pashtun-travels-uk
    @pashtun-travels-uk 2 ปีที่แล้ว

    Any information about linear algebra and simulation and modeling techniques

    • @technicalpeaks
      @technicalpeaks  2 ปีที่แล้ว

      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 ปีที่แล้ว

      @@technicalpeaks can you give me ur contact number?

    • @technicalpeaks
      @technicalpeaks  2 ปีที่แล้ว

      th-cam.com/play/PLqxBD-2nGTjcmG07y3KywbhgTYtAmJWe6.html

    • @technicalpeaks
      @technicalpeaks  2 ปีที่แล้ว

      This is the complete playlist!

  • @ikssiam2178
    @ikssiam2178 3 ปีที่แล้ว

    Exponential smoothing Method Does not cover in this Video?

    • @technicalpeaks
      @technicalpeaks  3 ปีที่แล้ว +1

      No. It's in the next video. Here is the link to exponential smoothing.
      th-cam.com/video/vE5xp2N13Ko/w-d-xo.html

  • @midnightdishwasher1071
    @midnightdishwasher1071 2 ปีที่แล้ว

    thanks alot

  • @nimralatif7231
    @nimralatif7231 3 ปีที่แล้ว

    Thank u it help me alote ❤

  • @NanonoGrace-w4b
    @NanonoGrace-w4b หลายเดือนก่อน

    I didn't understand naive method

  • @mixedm-bstudio1518
    @mixedm-bstudio1518 2 ปีที่แล้ว

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

    • @technicalpeaks
      @technicalpeaks  2 ปีที่แล้ว +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 ปีที่แล้ว

    Salam..how to contact you sir? In Peshawar

  • @shazimgujjar3972
    @shazimgujjar3972 3 ปีที่แล้ว +3

    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  3 ปีที่แล้ว +3

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

    • @shazimgujjar3972
      @shazimgujjar3972 3 ปีที่แล้ว

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

  • @karanrwt
    @karanrwt ปีที่แล้ว

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