Given the following historical data and weights of .5, .3, and .2, what is the three-period moving average forecast for period 5? $$\begin{array} { l l l l }
\text { Period } & \text { Value } & \text { Period } & \text { Value } \
\hline 1 & 138 & 3 & 148 \
2 & 142 & 4 & 144
\end{array}$$
A) 144.20
B) 144.80
C) 144.67
D) 143.00
E) 144.00

Question

Given the following historical data and weights of .5, .3, and .2, what is the three-period moving average forecast for period 5? $$\begin{array} { l l l l } 
\text { Period } & \text { Value } & \text { Period } & \text { Value } \
\hline  1 & 138 & 3 & 148 \
2 & 142 & 4 & 144
\end{array}$$
A) 144.20
B) 144.80
C) 144.67
D) 143.00
E) 144.00

Quizplus · Accepted Answer

The three-period moving average forecast for period 5 is calculated using the weighted average of the values from periods 2, 3, and 4: (0.5 * 144) + (0.3 * 148) + (0.2 * 142) = 144.80.

Given the Following Historical Data and Weights of A) 14420 B) 144

Given the Following Historical Data and Weights of A) 14420
B) 144