What is the forecast for the Period 7 using a 3-period moving average technique, given the following time-series data for six past periods? $$\begin{array} { | l | l | l | l | l | l | l | }
\hline \text { Period } & 1 & 2 & 3 & 4 & 5 & 6 \
\hline \text { Value } & 136 & 126 & - 146 & - 148 & - 156 & 164 \
\hline
\end{array}$$
A)164.67
B)156.00
C)148.00
D)126.57
E)158.67

Question

What is the forecast for the Period 7 using a 3-period moving average technique, given the following time-series data for six past periods? $$\begin{array} { | l | l | l | l | l | l | l | } 
\hline \text { Period } & 1 & 2 & 3 & 4 & 5 & 6 \
\hline \text { Value } & 136 & 126 & - 146 & - 148 & - 156 & 164 \
\hline
\end{array}$$
A)164.67
B)156.00
C)148.00
D)126.57
E)158.67

Quizplus · Accepted Answer

The Answer of What is the forecast for the Period 7 using a 3-period moving average technique, given the following time-series data for six past periods? $$\begin{array} { | l | l | l | l | l | l | l | } 
\hline \text { Period } & 1 & 2 & 3 & 4 & 5 & 6 \
\hline \text { Value } & 136 & 126 & - 146 & - 148 & - 156 & 164 \
\hline
\end{array}$$
A)164.67
B)156.00
C)148.00
D)126.57
E)158.67

What Is the Forecast for the Period 7 Using a 3-Period