Time Series 101: Exponential Moving Average, A Visual Guide

Join me in this engaging and visual tutorial as we explore the world of exponential moving averages (EMA) in time series analysis! In this video, we break down the concept of EMA, how it differs from other forecasting methods, and provide a step-by-step explanation of the EMA formula. We also delve into the impact of different alpha values on forecasts and demonstrate the effects visually using Nigeria's GDP per capita data from 2000 to 2020. Perfect for students, professionals, and anyone interested in time series analysis!
Key Concepts Covered:
Exponential Moving Average (EMA)
Alpha smoothing factor
Dampening factor
Comparison with other forecasting methods
Visual demonstration of the EMA formula
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#TimeSeriesAnalysis #ExponentialMovingAverage #Forecasting

[@arifsalimkhanov4202]

Thank you for the new great video!😀

[@birbahadur6949]

GREAT VIDEO< LOVE FROM INDIA

[@sergioleganes2248]

Thank you again Mr. Foltz. Any chance we can get one video about the Holt-Winters method? You are unbeatable in terms of explanations.

[@BrandonFoltz]

Sure thing! It is on the list of topics I have planned out.

[@omzzi1015]

Please post lessons video about: control variables, instrimental variable, interaction term, Fisher exact test and method , thank you for teaching us