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 0.1, 0.15, 0.3, 0.2, and 0.25, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.) 2001 8.61 2002 8.44 2003 7.47 2004 6.69 2005 7.27 2006 6.88 2007 6.71 2008 6.51 2009 5.28 2010 5.87 2011 5.84 2012 5.49 2013 5.53 The weighted moving averages are: There is a regular of approximately 0.2 per year.

Explanation / Answer

five-year weighted moving average

Given weights are 0.1,0.15,0.3,0.2,0.25

year tickets Weighted moving average 2001 8.61   2002 8.44   2003 7.47   2004 6.69   2005 7.27   2006 6.88 7.812   2007 6.71 7.3895   2008 6.51 7.0895   2009 5.28 6.848   2010 5.87 6.711   2011 5.84 6.394   2012 5.49 6.028   2013 5.53 5.8695

Related Questions

Navigate

• Browse (All)
• Browse L
• Subjects

---

---

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