Posted on by Judy

Consider the data in the following table. What is the simple moving average forecast for period 6? Period Value 1 73 2 68 3 65 4 72 5 67 Multiple Choice 68 67 68.67 69 115

Simple moving average is the average of previous actual data
Simple moving average forecast for period 6 = (73+68+65+72+67)/5 = 345/5 = 69
Simple moving average forecast for period 6 = 69
 
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