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 November in the following time series is ____________. $$\begin{array} { | r | r | }
\hline \text { July } & 5 \
\hline \text { Amg } & 11 \
\hline \text { Sent } & 13 \
\hline \text { Oct } & 6 \
\hline
\end{array}$$
A)11.60
B)10.00
C)9.67
D)8.06
E)8.60

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 November in the following time series is ____________. $$\begin{array} { | r | r | } 
\hline \text { July } & 5 \
\hline \text { Amg } & 11 \
\hline \text { Sent } & 13 \
\hline \text { Oct } & 6 \
\hline
\end{array}$$
A)11.60
B)10.00
C)9.67
D)8.06
E)8.60

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 November in the following time series is ____________. $$\begin{array} { | r | r | } 
\hline \text { July } & 5 \
\hline \text { Amg } & 11 \
\hline \text { Sent } & 13 \
\hline \text { Oct } & 6 \
\hline
\end{array}$$
A)11.60
B)10.00
C)9.67
D)8.06
E)8.60

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