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Time Series & Trend · Question 43 of 68

Against which quarter is the resort's first centred moving average placed?

Question 43

MediumOriginal question

A hill resort's guests, in hundreds, for the four quarters of two years were: year 1: 12, 30, 8, 20; year 2: 14, 33, 9, 24.

Against which quarter is the resort's first centred moving average placed?

Options for question 43

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. The first total, quarters 1–4, centres between quarters 2 and 3; the second, quarters 2–5, between 3 and 4.

  2. Averaging the two lines the result up with quarter 3 of year 1.

Worth noting

Between quarters 2 and 3 is where an uncentred 4-quarter average falls; centring moves it onto a quarter.

Concept
Where a centred average sits
Typical time
120 s
Your time
—
The rule this testsTrend by moving averages
Practise this chapter →

Ten questions from Time Series & Trend, at your own pace.

Practise this chapter →

Ten questions from Time Series & Trend, at your own pace.