Listed 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 0.2, 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 |
Solution
