TABLE 16-3
The following table contains the number of complaints received in a department store for the first 6 months of last year.

-Referring to Table 16-3, if a three-month moving average is used to smooth this series, how many values would it have?
A) 2
B) 3
C) 4
D) 5

Question

TABLE 16-3
The following table contains the number of complaints received in a department store for the first 6 months of last year.
 
-Referring to Table 16-3, if a three-month moving average is used to smooth this series, how many values would it have?
A) 2 
B) 3 
C) 4 
D) 5

Quizplus · Accepted Answer

A three-month moving average is calculated by taking the average of the three most recent values in a series. In this case, the series has 5 values, so a three-month moving average would have 5 - 3 + 1 = 3 values.

TABLE 16-3 the Following Table Contains the Number of Complaints Received in Received