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 0.2, 0.2, 0.2, 0.1, and 0.3, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

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, 0.2, 0.2, 0.1, and 0.3, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

Explanation / Answer

The weights are 0.2,0.2,0.2,0.1,0.3

Weighted moving averages

  2001 8.61   2002 8.24   2003 7.47   2004 6.49   2005 7.47   2006 6.88   2007 6.61   2008 6.51   2009 5.68   2010 5.67   2011 5.84   2012 5.29   2013 5.23

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