Using a three-month moving average (with weights of 6,3,and 1 for the most current value,next most current value and oldest value,respectively),the forecast value for October made at the end of September in the following time series would be___.
A)11.60
B)10.00
C)9.67
D)8.60
E)6.11

Question

Using a three-month moving average (with weights of 6,3,and 1 for the most current value,next most current value and oldest value,respectively),the forecast value for October made at the end of September in the following time series would be___. 
A)11.60 
B)10.00 
C)9.67 
D)8.60 
E)6.11

Quizplus · Accepted Answer

The Answer of Using a three-month moving average (with weights of 6,3,and 1 for the most current value,next most current value and oldest value,respectively),the forecast value for October made at the end of September in the following time series would be___. 
A)11.60 
B)10.00 
C)9.67 
D)8.60 
E)6.11

Using a Three-Month Moving Average (With Weights of 6,3,and 1