Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Same as #1, except your past data should use the past 10 years data for that week. For example, if you are predicting the first

  1. Same as #1, except your past data should use the past 10 years data for that week. For example, if you are predicting the first week of March, use the 1st week of March from last year, 1st week of March from 2 years ago, etc. (This assumes that seasonal effects dominate):
    1. the nave method
    2. the average method
    3. the drift method

For each method, show:

  1. the data you used in numerical form,
  2. the equation you used to calculate your 3 forecasts, and
  3. a graph of the data and the forecast. The graph should be well-labeled and visually easy to read.

year Total Gross % LY Releases Average #1 Release
2022 $5,343,733,498 - 327 $16,341,692 Top Gun: Maverick
2021 $4,482,795,864 +112.1% 439 $10,211,380 Spider-Man: No Way Home
2020 $2,113,846,800 -81.4% 456 $4,635,628 Bad Boys for Life
2019 $11,363,360,031 -4.4% 910 $12,487,208 Avengers: Endgame
2018 $11,892,160,011 +7.4% 993 $11,975,991 Black Panther
2017 $11,075,387,520 -2.6% 854 $12,968,837 Star Wars: Episode VIII - The Last Jedi
2016 $11,375,225,455 +2% 855 $13,304,357 Finding Dory
2015 $11,148,852,953 +7.5% 845 $13,193,908 Jurassic World
2014 $10,368,861,849 -5.4% 849 $12,213,029 Guardians of the Galaxy
2013 $10,955,524,800 +1% 826 $13,263,347 Iron Man 3
2012 $10,843,641,372 +6.8% 807 $13,436,978 The Avengers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bond Markets Analysis And Strategies

Authors: Frank J. Fabozzi

4th Edition

0130402664, 9780130402660

More Books

Students also viewed these Finance questions

Question

What is quality of work life ?

Answered: 1 week ago

Question

What is meant by Career Planning and development ?

Answered: 1 week ago

Question

What are Fringe Benefits ? List out some.

Answered: 1 week ago

Question

a. Did you express your anger verbally? Physically?

Answered: 1 week ago