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The 3-year moving averages for the loan (in lakh ₹) issued by a finance company for startups in different cities of India based on the values given below will be:

Year201920202021202220232024
Loan amount252018132312

Solution

✅ Correct Option: 2

Average successive blocks of three years.

25+20+183=21\frac{25+20+18}{3}=21, 20+18+133=17\frac{20+18+13}{3}=17, 18+13+233=18\frac{18+13+23}{3}=18, 13+23+123=16\frac{13+23+12}{3}=16.

So the averages are 21, 17, 18, 1621,\,17,\,18,\,16.

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