For the given 5 values 24, 18, 33, 42, 24; the 3-year moving averages are: |
19, 22, 33 25, 31, 33 25, 29, 31 22, 29, 31 |
25, 31, 33 |
The correct answer is Option (2) → 25, 31, 33 $\text{Given data: }24,\;18,\;33,\;42,\;24$ $\text{3–year moving averages:}$ $\text{First average }=\frac{24+18+33}{3}=\frac{75}{3}=25$ $\text{Second average }=\frac{18+33+42}{3}=\frac{93}{3}=31$ $\text{Third average }=\frac{33+42+24}{3}=\frac{99}{3}=33$ The 3–year moving averages are: $25,\;31,\;33$. |