Listed below is the number of movie tickets sold at the Library Cinema-Complex,
ID: 3125058 • Letter: L
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 0.2, 0.15, 0.25, 0.14, and 0.26, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)
There is a regular (Click to select)increasedecrease of approximately 0.3 per 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 0.2, 0.15, 0.25, 0.14, and 0.26, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)
Explanation / Answer
At
Ft
At - Ft
Error
Absolute
Period
Actual
Forecast
Error
Squared
Deviation
1
8.81
2
8.14
3
7.47
4
6.59
5
7.17
6
6.78
7.637
-0.857
0.735
0.857
7
6.81
7.163
-0.353
0.124
0.353
8
6.61
6.995
-0.385
0.148
0.385
9
5.58
6.761
-1.181
1.394
1.181
10
5.57
6.530
-0.960
0.921
0.960
11
5.84
6.259
-0.419
0.176
0.419
12
5.29
6.047
-0.757
0.573
0.757
13
5.63
5.745
-0.115
0.013
0.115
There is a regular (Click to select) decrease of approximately 0.3 per year.
At
Ft
At - Ft
Error
Absolute
Period
Actual
Forecast
Error
Squared
Deviation
1
8.81
2
8.14
3
7.47
4
6.59
5
7.17
6
6.78
7.637
-0.857
0.735
0.857
7
6.81
7.163
-0.353
0.124
0.353
8
6.61
6.995
-0.385
0.148
0.385
9
5.58
6.761
-1.181
1.394
1.181
10
5.57
6.530
-0.960
0.921
0.960
11
5.84
6.259
-0.419
0.176
0.419
12
5.29
6.047
-0.757
0.573
0.757
13
5.63
5.745
-0.115
0.013
0.115
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