Setting simple moving average parameters

A moving average smooths a time series by forecasting the value for each period using the average of several previous periods.

About this task

To specify simple moving average parameters:

Procedure

  1. Open the Model page of the Forecast editor.
  2. Click Add.
    The Forecast model selection page of the Add Model wizard opens.
  3. Click Simple moving average and then click Next.
    The Simple moving average page of the Add Model wizard opens.
  4. Select the number of previous time periods to use to calculate the moving average from the Number of periods drop-down list.
  5. Click Finish.
    The Add Model wizard closes and the forecast model is displayed in the table.