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, 0.25, 0.12, and 0.38, 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 0.1, 0.15, 0.25, 0.12, and 0.38, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

Explanation / Answer

There is a regular decrease of approximately 0.3 per year.

2001 8.61   2002 8.14   2003 7.37   2004 6.79   2005 7.37   2006 6.58 7.5399   2007 6.81 7.0018   2008 6.91 6.9754   2009 5.68 6.8725   2010 5.77 6.4141   2011 5.84 6.2812   2012 5.39 6.0491   2013 5.23 5.7345

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