For the given five values, 16, 25, 19, 34, 43, the three year moving averages are
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → 20, 26, 32 **
Given values: 16, 25, 19, 34, 43
Three-year moving averages:
1st average = $\frac{16+25+19}{3}=\frac{60}{3}=20$
2nd average = $\frac{25+19+34}{3}=\frac{78}{3}=26$
3rd average = $\frac{19+34+43}{3}=\frac{96}{3}=32$
Three-year moving averages: 20, 26, 32