Question

The production of cement by a firm in years one to nine is given below. Calculate the

Trend Values for the above series by the following two methods:

a) 3 Yearly Moving Average

b) Least Squares Method

Year 1 2 3 4 5 6 7 8 9

Production

(Y)

4 5 5 6 7 8 9 8 10​

Answer 1

Answer:

1. answer a. 3 years moving average