What is the approximate forecast for May using a four-month moving average?
$$\begin{array} { c c c c c c }
\text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text { Mar. } & \text { April } \
39 & 36 & 40 & 42 & 48 & 46
\end{array}$$
A) 38
B) 42
C) 43
D) 44
E) 47

Question

What is the approximate forecast for May using a four-month moving average?
$$\begin{array} { c c c c c c } 
\text { Nov. } & \text { Dec. } & \text { Jan. } & \text { Feb. } & \text { Mar. } & \text { April } \
39 & 36 & 40 & 42 & 48 & 46
\end{array}$$
A) 38
B) 42
C) 43
D) 44
E) 47

Quizplus · Accepted Answer

To forecast May using a four-month moving average, we average the sales from January to April: $(40 + 42 + 48 + 46) / 4 = 176 / 4 = 44$.

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