For predicting the straight-line trend in the sales of washing machines (in thousands) on the basis of 8 consecutive years data, the company calculates 4 year moving averages. If the sales of washing machines for respective years are a, b, c, d, e, f, g and h, then which of the following averages will be computed? (A) $\frac{a+b+c+d}{4}$ Choose the correct answer from the options given below: |
(A), (B) and (D) only (A) and (D) only (C) and (D) only (B), (C) and (D) only |
(A) and (D) only |
The correct answer is Option (2) → (A) and (D) only $\text{4-year moving averages from } a,b,c,d,e,f,g,h \text{ are:}$ $\frac{a+b+c+d}{4},\;\frac{b+c+d+e}{4},\;\frac{c+d+e+f}{4},\;\frac{d+e+f+g}{4},\;\frac{e+f+g+h}{4}.$ $\text{Hence } \frac{a+b+c+d}{4} \text{ and } \frac{b+c+d+e}{4} \text{ are both computed.}$ $\text{Correct options: (A) and (D).}$ |