Question 31
EasyOriginal questionA 5-year moving average is worked out from the values for 2016 to 2020. Against which year is it placed?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
A moving average is placed against the middle of its period.
The middle of 2016 to 2020 is 2018.
Worth noting
Placing it against the last year, 2020, makes the averages lag behind the data.
- Concept
- Where a moving average is placed
- Typical timeTypical
- 60 s
- Your timeYours
- —
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