Listed below is the number of movie tickets sold at the Library Cinema-Complex,

Question

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, 02 0.15, and 0.4, respectively. Describe the trend in yield.(Round your answers to 3 decimal places.) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 8.71 8.24 7 27 6.69 7.27 6.88 671 6.81 5.58 5.87 5.94 549 5.43 The weighted moving averages are of approximately 0.2 per year There is a regular (Click toselect)

Explanation / Answer

weighted moving average
Ft+1=W1Dt+W2Dt-+.......WnDt-n+1

year movie tickets sold 5 year weighted moving average 2001 8.71 2002 8.24 2003 7.27 2004 6.69 2005 7.27 7.9335 2006 6.88 7.4835 2007 6.71 7.06 2008 6.81 6.835 2009 5.58 6.8 2010 5.87 6.559 2011 5.94 6.2995 2012 5.49 6.1525 2013 5.43 5.664

Related Questions

Navigate

• Browse (All)
• Browse L
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.