One of the simplest ways to reduce random variation is to smooth the time series via moving averages and exponential smoothing.

Name: One of the simplest ways to reduce random variation is to smooth the time series via moving averages and exponential smoothing.
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Smoothing techniques like moving averages and exponential smoothing can reduce random variation in a time series by removing short-term fluctuations and highlighting underlying trends and patterns.

One of the Simplest Ways to Reduce Random Variation Is