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 0.15, 0.2, 0.25, 0.19, and 0.21, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

  There is a regular (Click to select)increasedecrease of approximately 0.2 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 0.15, 0.2, 0.25, 0.19, and 0.21, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

Explanation / Answer

You can use data analysis add-in in MS EXCEL to do this or you can simply calculate it with calculator.

While calculating with calculator , first term will be the average of first 5 terms. Second term will be the average of 2nd to 6th terms. And carry on this operation till the 9th term.

Also you will find the the general trend is decreasing.

Related Questions

Navigate

• Browse (All)
• Browse L
• Subjects

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