Quiz: Three-Point Moving Average: Calculation
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about sales forecasting, let's test your understanding of how to calculate a Three-Point Moving Average!
What is the main purpose of using a moving average in sales forecasting?
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A Three-Point Moving Average uses {{blank0}} data points to calculate an average, and moves one {{blank1}} at a time.
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Calculate the Three-Point Moving Average for the data points: 120, 150, and 210.
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Which of the following are benefits of using a moving average? (Select all that apply)
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What happens to the moving average as more data points are added?
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For the data: 200, 250, 300, calculate the Three-Point Moving Average.
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Match the items on the left with their correct pairs on the right
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If the data points are 90, 120, and 150, what is the Three-Point Moving Average?
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