The following are the values of a time series for the first four time periods: Using a four-period moving average,the forecasted value for time period 5 is:
A)24.5
B)25.5
C)26.5
D)27.5

Question

The following are the values of a time series for the first four time periods:  Using a four-period moving average,the forecasted value for time period 5 is:
A)24.5 
B)25.5 
C)26.5 
D)27.5

Quizplus · Accepted Answer

To calculate the four-period moving average, we add up the values of the first four time periods and divide by 4:

(11 + eaaa + 34 + f6f9) / 4 = x

x = 25.5 (rounded to one decimal place)

Therefore, the forecasted value for time period 5 is 25.5.

The Following Are the Values of a Time Series for the First