Consider the following table showing year and annual sales (in Lakh ₹)
A. The 3-year moving average from 2002 to 2004 is 4.00 B. The 3-year moving average from 2005 to 2007 is 3.73 C. The 5-year moving average from 2001 to 2005 is 4.00 D. The 5-year moving average from 2004 to 2008 is 3.83 E. The 4-year moving average from 2001 to 2004 is 3.90 Choose the correct answer from the options given below : |
A, C, E only A, B, E only B, C, D only C, D, E only |
A, C, E only |
The correct answer is Option (1) → A, C, E only $\text{3 years moving average}=\frac{\text{Sum of 3 consecutive year}}{3}$ (A) $\frac{4.3+4.3+3.4}{3}=\frac{12.0}{3}=4.00$ (C) $\frac{3.6+4.3+4.3+3.4+4.4}{5}=\frac{20.0}{5}=4.00$ (E) 4 Year moving average, $\frac{3.6+4.3+4.3+3.4}{4}=\frac{15.6}{4}=3.90$ |