Accountancy, asked by aakanksha9149, 1 month ago

what is the rule in assigning weights to historical data

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Answered by mitrakshim
0

Answer:

When calculating the weighted moving average, the recent data points are assigned a greater weighting, whereas past data points are assigned less weighting. It is used when the figures in the data set come with different weights, relative to each other. The sum of the weight should be equal to 1 or 100%.

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