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+1 vote
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in Applied Statistics by (48.1k points)
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The following figures relate to the profits of a commercial concern for 8 years.

Year 1986 1987 1988 1989 1990 1991 1992 1993
Profit(Rs.) 15,420 15,470 15,520 21,020 26,500 31,950 35,600 34,900

Find the trend of profits by the method of three year moving averages.

1 Answer

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by (48.4k points)
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Best answer

Computation of three-yearly moving averages

The last column gives the trend of profits.

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