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For the given five values, 15, 24, 18, 33, 42, the three-year moving averages are

Solution

Correct Option: 2

Given values: 15, 24, 18, 33, 42

A three-year moving average is calculated by taking the average of each consecutive group of 3 values.


First group: 15, 24, 18

Average=15+24+183\text{Average} = \dfrac{15 + 24 + 18}{3}

=573= \dfrac{57}{3}

=19= 19


Second group: 24, 18, 33

Average=24+18+333\text{Average} = \dfrac{24 + 18 + 33}{3}

=753= \dfrac{75}{3}

=25= 25


Third group: 18, 33, 42

Average=18+33+423\text{Average} = \dfrac{18 + 33 + 42}{3}

=933= \dfrac{93}{3}

=31= 31


The three-year moving averages are: 19, 25, 31

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