Posted: March 15th, 2017

Compute a five-year weighted moving average using weights of 0.2, 0.1, 0.25, 0.11, and 0.34, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

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, 0.1, 0.25, 0.11, and 0.34, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

2001 8.81 2002 8.24 2003 7.87 2004 6.79 2005 7.17 2006 6.68 2007 6.61 2008 6.51 2009 5.38 2010 5.57 2011 5.94 2012 5.59 2013 5.23

The weighted moving averages are:

There is a regular of approximately 0.3 per year.

2nd part: 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 .1, .1, .2, .3, and .3, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)

2001 8.61 2002 8.14 2003 7.67 2004 6.59 2005 7.37 2006 6.88 2007 6.71 2008 6.61 2009 5.58 2010 5.87 2011 5.94 2012 5.49 2013 5.43

Picture Click here for the Excel Data File

The weighted moving averages are:

There is a regular of approximately 0.2 per year.