For the given 5 values 24, 18, 33, 42, 24; the 3-year moving averages are:
For the given 5 values 24, 18, 33, 42, 24; the 3-year moving averages are:
Solution
✅ Correct Option: 2
Given values: 24, 18, 33, 42, 24
A 3-year moving average takes groups of 3 consecutive numbers and calculates their average. The window moves one position at a time.
From 5 values, three groups of 3 consecutive values can be formed:
Group 1: 24, 18, 33 (positions 1, 2, 3)
Group 2: 18, 33, 42 (positions 2, 3, 4)
Group 3: 33, 42, 24 (positions 3, 4, 5)
First Moving Average:
Second Moving Average:
Third Moving Average:
The 3-year moving averages are: 25, 31, 33
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