Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

The 3 years moving averages for the following observations are :

Year 2019 2020 2021 2022
Sale (in lakhs) 4 3 5 7
Options:

3, 5

4, 7

4, 5

5, 7

Correct Answer:

4, 5

Explanation:

The correct answer is Option (3) → 4, 5

Computing 3 year moving averages,

for year 2020,

Moving average = $\frac{4+3+5}{3}=\frac{12}{3}=4$

for year 2021,

Moving average = $\frac{3+5+7}{3}=\frac{15}{3}=5$