Forecast Precision and Forecast Accuracy from Moving Average and Moving Median Methods on Skewed Lognormal Time Series
Keywords:
Strategic Innovation, Sustainability, Forecast Precision, Forecast Accuracy, Moving Average, Moving MedianAbstract
We examine the forecast precision and accuracy for forecasts from moving average and moving median methods on skewed i.i.d. time series following various lognormal probability distributions. Overall, we recommend the Moving Average method, MA, when forecasting time series that follow lognormal distributions.
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Published
2019-07-18
How to Cite
Ren, L., & Ren, P. (2019). Forecast Precision and Forecast Accuracy from Moving Average and Moving Median Methods on Skewed Lognormal Time Series. Journal of Strategic Innovation and Sustainability, 14(3). Retrieved from https://articlearchives.co/index.php/JSIS/article/view/4863
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