Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

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

Options:

19, 22, 23

19, 25, 31

19, 30, 31

19, 25, 33

Correct Answer:

19, 25, 31

Explanation:

The correct answer is Option (2) → 19, 25, 31

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

Three-year moving average = Average of 3 consecutive values

1st moving average: $\frac{15 + 24 + 18}{3} = \frac{57}{3} = 19$

2nd moving average: $\frac{24 + 18 + 33}{3} = \frac{75}{3} = 25$

3rd moving average: $\frac{18 + 33 + 42}{3} = \frac{93}{3} = 31$

Three-year moving averages: 19, 25, 31