What is the approximate forecast for May using a three-month moving average? $$\begin{array} { | c | c | c | c | c | c | }
\hline \text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text { Mar. } & \text { April } \
\hline 39 & 36 & 40 & 42 & 48 & 45 \
\hline
\end{array}$$
A) 38
B) 42
C) 43
D) 44
E) 45

Question

What is the approximate forecast for May using a three-month moving average? $$\begin{array} { | c | c | c | c | c | c | } 
\hline \text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text { Mar. } & \text { April } \
\hline 39 & 36 & 40 & 42 & 48 & 45 \
\hline
\end{array}$$
A) 38
B) 42
C) 43
D) 44
E) 45

Quizplus · Accepted Answer

To forecast May using a three-month moving average, we average the sales for February, March, and April: $(42 + 48 + 45) / 3 = 135 / 3 = 45$.

What Is the Approximate Forecast for May Using a Three-Month