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

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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

 

 

 

 Click here for the Excel Data File

 

  The weighted moving averages are:

 

 

  

  

  

  

  

  

  

  

  

  There is a regular   of approximately 0.2 per year.

 

  • 11 years ago