The firm's market share estimated to be as shown in the table. Using the information, compute the three-period and the five-period moving average forecasts for periods 6 through 9.
$$\begin{array} { | l | l | }
\hline \text { Quarter } & \text { Firm's Market Share } \
\hline 1 & 15 \
\hline 2 & 16 \
\hline 3 & 14 \
\hline 4 & 15 \
\hline 5 & 16 \
\hline 6 & 18 \
\hline 7 & 18 \
\hline 8 & 19 \
\hline
\end{array}$$

Question

The firm's market share estimated to be as shown in the table. Using the information, compute the three-period and the five-period moving average forecasts for periods 6 through 9.
 $$\begin{array} { | l | l | } 
\hline \text { Quarter } & \text { Firm's Market Share } \
\hline 1 & 15 \
\hline 2 & 16 \
\hline 3 & 14 \
\hline 4 & 15 \
\hline 5 & 16 \
\hline 6 & 18 \
\hline 7 & 18 \
\hline 8 & 19 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of The firm's market share estimated to be as shown in the table. Using the information, compute the three-period and the five-period moving average forecasts for periods 6 through 9.
 $$\begin{array} { | l | l | } 
\hline \text { Quarter } & \text { Firm's Market Share } \
\hline 1 & 15 \
\hline 2 & 16 \
\hline 3 & 14 \
\hline 4 & 15 \
\hline 5 & 16 \
\hline 6 & 18 \
\hline 7 & 18 \
\hline 8 & 19 \
\hline
\end{array}$$

The Firm's Market Share Estimated to Be as Shown in the Table