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

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Suitable Grade Level

Grades 9-12