The three year moving average of the production given by the table.
is least around the year : |
2012 2014 2011 2013 |
2011 |
The correct answer is Option (3) → 2011 Three years moving average (MA), $MA=\frac{\text{Production in years (t-1) + Production in year (t) + Production (t+1)}}{3}$ 2011; $\frac{98+95+103}{3}=\frac{296}{3}=98.67$ is the lowest of all MA. |