63.7k views
4 votes
What is the forecast for may using a four-month moving average? [blank1]

User MZHm
by
7.9k points

1 Answer

3 votes

Final answer:

To forecast for May using a four-month moving average, you would take the average of the data from January to April.

Step-by-step explanation:

To determine the forecast for May using a four-month moving average, one would typically use the data from the four months leading up to May. In forecasting, a four-month moving average is a method used to analyze and predict future values based on the average of the previous four months. To forecast for May using a four-month moving average, you would take the average of the data from January to April. Here's an example:

  • January: 5.4
  • February: 4.4
  • March: 3.4
  • April: 2.9

To find the forecast for May, you would sum up these four values and divide by four: (5.4 + 4.4 + 3.4 + 2.9) / 4 = 4.525. So, the forecast for May using a four-month moving average is approximately 4.525.

User Yoav Epstein
by
8.3k points