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, 0.3, 0.18, and 0.17, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

1.

2.

7.

8.

9.

  There is a regular _________ of approximately 0.3 per year.

  2001 8.71   2002 8.34   2003 7.87   2004 6.69   2005 7.37   2006 6.98   2007 6.71   2008 6.61   2009 5.58   2010 5.77   2011 5.84   2012 5.29   2013 5.53

Explanation / Answer

1.7.796 194.9

2.7.45 186.25

7.6.114 152.55

8.5.818 145.45

9. 5.602 140.05

  There is a regular decreasing trend of approximately 0.3 per year.

The weighted moving averages for 5 year are ((a+b+c+d+e)/5),((b+c+d+e+f)/5),((c+d+e+f+g)/5),......) given weights are (.15+.2+.3+.18+.17)/5=.2 here second column is calculated by given weights i.e.5 years is divided by .2.

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