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Sales for the cosmoprof (in $ millions) are as follows: Sales ($ millions) Year

ID: 3043203 • Letter: S

Question

Sales for the cosmoprof (in $ millions) are as follows:

Sales ($ millions)

Year

Sales ($ Millions)

Year

Sales ($ Milions

2.3

2003

4.5

2010

4.5

2.9

2004

4.7

2011

4.9

3.4

2005

5.0

2012

5.2

4.5

2006

5.2

2013

5.5

3.4

2007

5.5

2014

5.8

4.0

2008

4.3

4.2

2009

4.4

(a) Develop a three-year moving average. (b) Develop a four-year moving average. (c) Develop a five-year moving average. (d) Develop a seven-year rmoving average. (e) Interpret your findings.

Sales ($ millions)

Year

Sales ($ Millions)

Year

Sales ($ Milions

2.3

2003

4.5

2010

4.5

2.9

2004

4.7

2011

4.9

3.4

2005

5.0

2012

5.2

4.5

2006

5.2

2013

5.5

3.4

2007

5.5

2014

5.8

4.0

2008

4.3

4.2

2009

4.4

Explanation / Answer

4 YEARS MOVING AVERAGE

3 YEAR MOVING AVERAGE SALES ($ MILLIONS) A3 2.8667 A4 3.6 A5 3.7667 A6 3.9667 A7 3.8667 A8 4.233 A9 4.4667 A10 4.733 A11 4.9667 A12 5.233 A13 5 A14 4.733 A15 4.4 A16 4.6 A17 4.8667 A18 5.2 A19 5.5
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