Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Listed below is the number of movie tickets sold at the Library Cinema-Complex, in thousands, for the period from 2001 to 2013. Compute a five-year
Listed below is the number of movie tickets sold at the Library Cinema-Complex, in thousands, for the period from 2001 to 2013. Compute a five-year weighted moving average using weights of 0.15, 0.1, 0.25, 0.17, and 0.33, respectively. Describe the trend in yield.(Round your answers to 3 decimal places.) |
2001 | 8.41 |
2002 | 8.14 |
2003 | 7.77 |
2004 | 6.49 |
2005 | 7.47 |
2006 | 6.58 |
2007 | 6.51 |
2008 | 6.71 |
2009 | 5.38 |
2010 | 5.57 |
2011 | 5.84 |
2012 | 5.69 |
2013 | 5.33 |
The weighted moving averages are: |
There is a regular(Click to select)increasedecreaseof approximately 0.3 per year. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started