Given the following historical data, what is the moving-average forecast for period 6 based on the last three periods?
$$\begin{array} { | c | c | }
\hline \text { Periud } & \text { Value } \
\hline 1 & 73 \
\hline 2 & 68 \
\hline 3 & 65 \
\hline 4 & 72 \
\hline 5 & 67 \
\hline
\end{array}$$
A) 67
B) 68
C) 69
D) 100
E) 115

Question

Given the following historical data, what is the moving-average forecast for period 6 based on the last three periods?
$$\begin{array} { | c | c | } 
\hline \text { Periud } & \text { Value } \
\hline 1 & 73 \
\hline 2 & 68 \
\hline 3 & 65 \
\hline 4 & 72 \
\hline 5 & 67 \
\hline
\end{array}$$
A) 67
B) 68
C) 69
D) 100
E) 115

Quizplus · Accepted Answer

The moving-average forecast for period 6 is calculated by averaging the values of the last three periods: (65 + 72 + 67) / 3 = 68.

Given the Following Historical Data, What Is the Moving-Average Forecast