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 years moving averages are

Options:

$19,22,33$

$19,25,31$

$19,30,31$

$19,25,33$

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 averages are calculated as follows

First moving average

$=\frac{15+24+18}{3}=\frac{57}{3}=19$

Second moving average

$=\frac{24+18+33}{3}=\frac{75}{3}=25$

Third moving average

$=\frac{18+33+42}{3}=\frac{93}{3}=31$

The three years moving averages are $19,\;25,\;31$.