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If a three-month moving average is used to smooth this series, what would have been the forecast for may?

User CaseyC
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1 Answer

7 votes

Answer:

To forecast the value for May using a three-month moving average, you would take the average of the values from February, March, and April.

Without the specific series of values, I cannot provide an accurate forecast for May. However, I can guide you through the process using an example.

Let's say we have the following series of values for January, February, March, and April:

January: 10

February: 12

March: 14

April: 16

To calculate the three-month moving average, we would take the average of the values for February, March, and April:

(12 + 14 + 16) / 3 = 42 / 3 = 14

Therefore, the forecast for May would be 14.

Please provide the actual series of values for a more accurate forecast for May in your specific case.

User Dsmudger
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