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For the given five values, 13, 17, 21, 22, 32; the 3-year moving averages are:

Solution

✅ Correct Option: 4

Given values: 13, 17, 21, 22, 32

A 3-year moving average takes 3 consecutive numbers, adds them, and divides by 3.


Take the first three numbers: 13, 17, 21

Average=13+17+213\text{Average} = \frac{13 + 17 + 21}{3}

=513= \frac{51}{3}

=17= 17


Take the next three numbers: 17, 21, 22

Average=17+21+223\text{Average} = \frac{17 + 21 + 22}{3}

=603= \frac{60}{3}

=20= 20


Take the next three numbers: 21, 22, 32

Average=21+22+323\text{Average} = \frac{21 + 22 + 32}{3}

=753= \frac{75}{3}

=25= 25


The 3-year moving averages are: 17, 20, 25

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