A bicycle shop sells the following number of bicycles from 1990 to 2000.
Year Number sold
(thousands)
1990 3
1991 3
1992 3
1993 3
1994 6
1995 6
1996 6
1997 6
1998 9
1999 10
2000 12
Compute the first three moving averages of length 3 for the bicycle sales data and
place them in line with the corresponding year.
Answers
Given : A bicycle shop sells the following number of bicycles from 1990 to 2000.
To Find : Compute the first three moving averages of length 3 for the bicycle sales data and place them in line with the corresponding year.
Solution:
length 3
1st moving average for 3 years from 1990 to 1992
= (3 + 3 + 3)/3 = 3
And middle year is 1991 is corresponding year
2nd moving average for 3 years from 1991 to 1993
= (3 + 3 + 3)/3 = 3
And middle year is 1992 is corresponding year
3rd moving average for 3 years from 1992 to 1994
= (3 + 3 + 6)/3 = 4
And middle year is 1994 is corresponding year
Similarly can be found further
Year Sale Moving average
1990 3
1991 3 3
1992 3 3
1993 3 4
1994 6 5
1995 6 6
1996 6 6
1997 6 7
1998 9 8.33
1999 10 10.33
2000 12
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