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What Is the Forecast for the Period 7 Using a 3-Period

Question 3

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What is the forecast for the Period 7 using a 3-period moving average technique, given the following time-series data for six past periods?  Period 123456 Value 136126146148156164\begin{array} { | l | l | l | l | l | l | l | } \hline \text { Period } & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \text { Value } & 136 & 126 & - 146 & - 148 & - 156 & 164 \\\hline\end{array}


A) 164.67
B) 156.00
C) 148.00
D) 126.57
E) 158.67

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