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  • 1.  Time-Series Analysis Step 6, Comput the estimate where does the MR value of 2.14 come from

    Posted 10/03/22 05:14 PM

    Hi,

    Where does the MR value shown below as 2.14 come from?

    Please let me know as it doesn’t make sense if you look at the MR table.

    Thank you.

    Best Regards,

    Sharon Reed

    Quality Engineer

    ADVANCED Motion Controls®

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  • 2.  RE: Time-Series Analysis Step 6, Comput the estimate where does the MR value of 2.14 come from

    Posted 10/03/22 05:29 PM

    @Sharon Reed
    This is the MR table I am referring to

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  • 3.  RE: Time-Series Analysis Step 6, Comput the estimate where does the MR value of 2.14 come from

    Posted 10/04/22 07:29 AM

    Hi Sharon,

    2.14 is the average of the moving range values. In this case sum up the individual MR values and you get 15. Divide that by 7 and you get 2.14.

    Jeff


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  • 4.  RE: Time-Series Analysis Step 6, Comput the estimate where does the MR value of 2.14 come from

    Posted 10/04/22 10:08 AM

    @Jeffrey Hanson
    Thank you very much. Sometimes it is clear where the information is coming from and sometimes it is not.


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