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, 0.15, 0.25, 0.18, and 0.22, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

The weighted moving averages are:

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2001 8.71   2002 8.24   2003 7.47   2004 6.59   2005 7.27   2006 6.88   2007 6.61   2008 6.61   2009 5.58   2010 5.67   2011 5.94   2012 5.39   2013 5.23

Explanation / Answer

Listed below is the number of movie tickets sold at the Library Cinema-Complex,

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