What is Moving Average?

Consider the following two statements about Moving Average in data analytics. Identify which statement is correct and which one is incorrect:


  • Statement I: A Moving Average can be used to predict exact future sales figures for specific dates.

  • Statement II: A Moving Average helps in smoothing out short-term fluctuations and highlighting longer-term trends in data.

Choose the option that accurately identifies the correct and incorrect statement.

Choose the closest answer: