Homework SourseListed below is the number of movie tickets sold at the Libr
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.) |
Solution
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.
| 7.696 |
| 7.250 |
| 6.964 |
| 6.832 |
| 6.710 |
| 6.350 |
| 6.202 |
| 5.978 |
| 5.662 |
