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Date Actual Moving Ave 6 Moving Ave 4 Moving Ave 2 E S = .1 E S = .5 ES = .8 42155 33152 42185
Date Actual Moving Ave 6 Moving Ave 4 Moving Ave 2 E S = .1 E S = .5 ES = .8 42155 33152 42185 32160 42216 33922 42247 31761 42277 33299 42308 40277 42338 25154 42369 29190 42400 29088 42429 32852 42460 33986 42490 35624 42521 34889 42551 33895 42582 36724 42613 33141 42643 35416 42674 42979 42704 27856 42735 31050 42766 31944 42794 37138 42825 35485 42855 38610
Date | Actual | Moving Ave 6 | Moving Ave 4 | Moving Ave 2 | E S = .1 | E S = .5 | ES = .8 |
42155 | 33152 | ||||||
42185 | 32160 | ||||||
42216 | 33922 | ||||||
42247 | 31761 | ||||||
42277 | 33299 | ||||||
42308 | 40277 | ||||||
42338 | 25154 | ||||||
42369 | 29190 | ||||||
42400 | 29088 | ||||||
42429 | 32852 | ||||||
42460 | 33986 | ||||||
42490 | 35624 | ||||||
42521 | 34889 | ||||||
42551 | 33895 | ||||||
42582 | 36724 | ||||||
42613 | 33141 | ||||||
42643 | 35416 | ||||||
42674 | 42979 | ||||||
42704 | 27856 | ||||||
42735 | 31050 | ||||||
42766 | 31944 | ||||||
42794 | 37138 | ||||||
42825 | 35485 | ||||||
42855 | 38610 |
Part 2: Moving Averages (Use worksheet titled Most Recent Sales)
- On the Data tab, click Data Analysis.
- Select Moving Average and click OK.
- Click in the Input Range box and type or select the range $B$2:$B$25
- Click in the Interval box and type 6.
- Click in the Output Range box and type or select cell $C$2:$C$25
- Click OK. Your entries in the Moving Average dialog box should look like this: Explanation: because we set the interval to 6, the moving average is the average of the previous 5 data points and the current data point. Excel cannot calculate the moving average for the first 5 data points because there are not enough previous data points.
Select Column C and format cells:
- Repeat steps 2 to 7
- interval = 4, output range = $D$2:$D$25 (use Column D)
- interval = 2, output range = $E$2:$E$25 (use Column E)
- Have Excel produce a scatterplot: Click on cell A1 and drag through to cell E25.
- In the Insert tab, click on Scatter in the Charts menu.
- Select the first chart in the second row of Scatter menu (Scatterplot with Straight Lines and Markers).
- Click OK and your scatterplot will appear with your four graphs.
Part 2 Analysis
- Looking at your moving averages graph, which moving average span "smooths" the actual times series the most
- Which moving average span most resembles the pattern of the actual time series?
- What are the advantages/disadvantages of shorter and longer spans?
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