STA104 WEEK 10

First Class:

LEARNING OBJECTIVE 1

Components in Time Series

Students need to know and distinguish the four components of time series (trend, cyclical, seasonal and irregular).

👉🏼 Refer Pg. 96 - 98

👉🏼 Watch video V1W10

👉🏼 Do past year questions as below:

     📍Dec 2019 (Q7a)

     📍Dec 2018 (Q7a)

     📍Mac 2017 (Q9a)

     📍Oct 2016 (Q9a)

     📍Mac 2016 (Q9a)

LEARNING OBJECTIVE 2

Simple Moving Average

Students need to know how to forecast using Simple Moving Average method.

👉🏼 Refer Pg. 98 - 100

👉🏼 Refer Pg. 103 - 104

👉🏼 Watch video V2W10 (based on Example 2 Pg. 103)

👉🏼 Redo Example 2 Pg. 103 

👉🏼 Do Exercise 2 Pg. 107