Centered moving average is
A) a technique for forecasting
B) a technique for finding a representative value corresponding to a period
C) used as a forecast, though not done often
D) moving average positioned at the center of the data from which it is derived
E) B and D

Question

Quizplus · Accepted Answer

Centered moving averages are used to smooth out data to identify the trend of a series, making choice B correct as it finds a representative value for a period. Choice D is also correct because, by definition, a centered moving average is calculated by positioning the average in the center of the data set from which it is derived, providing a more accurate representation of the trend at that point in time.

Centered Moving Average Is