Math Problem Statement
Year 1 2 3 4 5 Mileage 3,100 3,950 3,500 3,800 3,700. Using a 2-year moving average, the forecast for year 6 =
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Moving Average
Forecasting
Formulas
2-year moving average formula: (Value at Year n-1 + Value at Year n-2) / 2
Theorems
-
Suitable Grade Level
Grades 9-12
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