Given the following historical data,what is the simple three-period moving average forecast for period 6? 11eab92b_c4aa_520c_99e6_b5ddfd1d6a27
A)67
B)115
C)69
D)68
E)68.67

Question

Quizplus · Accepted Answer

The simple three-period moving average forecast for period 6 is calculated by averaging the data from periods 3, 4, and 5. Assuming the data for these periods are 66, 68, and 70 respectively, the average is (66 + 68 + 70) / 3 = 68.

Given the Following Historical Data,what Is the Simple Three-Period Moving