what is the forecast for may using a four-month moving average? nov. dec. jan. feb. mar. april 39 36 40 42 48 46 group of answer choices 43 38 44 47 42

Respuesta :

In this case, the four most recent months' values are 39, 36, 40, and 42. When we average these values, we get the result 40. A four-month moving average is a forecasting method which takes the average of four most recent months' values to make prediction in the upcoming month.

This suggests that the forecast for May is 40. A four-month moving average is a reliable forecasting method, as it takes into account the most recent data and also smooths out short-term fluctuations if any. This is particularly useful in situations where there is a large amount of variability in the data, as it helps to identify any long-term trends.

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