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, 0.1, 0.2, 0.18, and 0.32, 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, 0.1, 0.2, 0.18, and 0.32, 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.

Year Sales WMA 2001 8.61 2002 8.24 2003 7.37 2004 6.69 2005 7.37 2006 6.58 7.5826 2007 6.61 7.1552 2008 6.81 6.9166 2009 5.38 6.76 2010 5.97 6.4014 2011 5.84 6.2178 2012 5.69 6.0224 2013 5.23 5.966

There is a regular decrease of approximately 0.3 per year.

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