Using a three-month moving average (with weights of 6, 3, and 1 for the most current value, next most current value and oldest value, respectively), the forecast value for November in the following time series is ___.
A)11.60
B)10.00
C)9.67
D)8.06
E)8.60

Question

Using a three-month moving average (with weights of 6, 3, and 1 for the most current value, next most current value and oldest value, respectively), the forecast value for November in the following time series is ___. 
A)11.60 
B)10.00 
C)9.67 
D)8.06 
E)8.60

Quizplus · Accepted Answer

The Answer of Using a three-month moving average (with weights of 6, 3, and 1 for the most current value, next most current value and oldest value, respectively), the forecast value for November in the following time series is ___. 
A)11.60 
B)10.00 
C)9.67 
D)8.06 
E)8.60

Using a Three-Month Moving Average (With Weights of 6, 3