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moving average

Kkashaf3y ago
4a.33 The following question is taken from the July to December 2015 exam period. The following spreadsheet shows part of a time series analysis of a company’s sales. Year Quarter Sales (unit) Four quarter moving total (unit) 2014 1 1,100 2 1,700 7,000 3 1,900 9,000 4 2,300 11,000 2015 1 3,100 13,200 2 3,700 3 4,100 What is the four quarter centred moving average of sales units for quarter 4, 2014? ? 2,500 ? 5,025 ? 5,000 ? 10,000 hi can u please explain me how to solve this i couldn't understand the answer explained in the book
John MoffatJohn MoffatTutor3y ago#1
Have you watched my free lectures on time series analysis? (The lectures are a complete free course for Paper MA and cover everything needed to be able to pass the exam well.)
Kkashaf3y ago#2
yesn sir i did but i wasnt able to solve this if u can please explain this question to me
John MoffatJohn MoffatTutor3y ago#3
Take the average of quarters 2, 3, 4 of 2014 and quarter 1 of 2015. Take the average of quarters 3,4 of 2014 and quarters 1, 2 of 2015. The take the average of those two averages. Just as I show in my lecture. (Your printed answer might have calculated it in a different way, but the end result will be the same (and the way I show in the lecture is the most logical and understandable way)).
Kkashaf3y ago#4
how do we know which quarters do we take why dont we take 1 2 3 4 of 2014 or any other my question is how exactly do we know which ones to take
John MoffatJohn MoffatTutor3y ago#5
You take each 4 quarters in order, just as I do in my lectures.
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