Question

The following table shows the revenue reported by Amazon for 12 consecutive quarters:

Quarter End Date	Revenue (Billion $)
3/31/2016	29.13
6/30/2016	30.40
9/30/2016	32.71
12/31/2016	43.74
3/31/2017	35.71
6/30/2017	37.96
9/30/2017	43.74
12/31/2017	60.45
3/31/2018	51.04
6/30/2018	52.89
9/30/2018	56.58
12/31/2018	72.38

What is the value for the 6th observation in the 4 quarter moving average? Round your answer to 2 decimal places.

Answer 1

Answer:

The value for the 6th observation in 4 quarter moving average is The sum of previous 4 observations divided by 4

=(30.40+32.71+43.74+35.71)/4

= 35.64