CIMA BA1 · Chapter 11 · Question 11 of 11
Sales for five consecutive periods were 40, 46, 52, 49 and 55. What is the three-period moving average centred on period 3?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) 49
Explanation
The three-period moving average centred on period 3 uses periods 2, 3 and 4: (46 + 52 + 49) / 3 = 147 / 3 = 49.
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