listed below are movie tickets for a movie theather from the periods 2001 to 201
ID: 3124819 • Letter: L
Question
listed below are movie tickets for a movie theather from the periods 2001 to 2013 in thousands. Compute a five year weighted movie average using the weights 0.15, 0.02, 0.02, 0.19, and 0.26. Describe the trend in yield. (Round your answers to 3 decimal places). 2001 8.51 2002 8.34 2003 7.57 2004 6.39 2005 7.47 2006 6.68 2007 6.61 2008 6.41 2009 5.88 2010 5.97 2011 5.84 2012 5.49 2013 5.23 The weighted moving averages are... listed below are movie tickets for a movie theather from the periods 2001 to 2013 in thousands. Compute a five year weighted movie average using the weights 0.15, 0.02, 0.02, 0.19, and 0.26. Describe the trend in yield. (Round your answers to 3 decimal places). 2001 8.51 2002 8.34 2003 7.57 2004 6.39 2005 7.47 2006 6.68 2007 6.61 2008 6.41 2009 5.88 2010 5.97 2011 5.84 2012 5.49 2013 5.23 The weighted moving averages are...Explanation / Answer
The weights dont add up to 1, so I am assuming that the 0.02s are actually 0.20.
Weighted moving average for nth observation , where n > 5, is:
0.15*(n-5)th value + 0.2*(n-4)th value + 0.2*(n-3)th value + 0.19*(n-2)th value +0.26*(n-1)th value
So, weighted averages for 6th to 13th observations:
A decreasing trend is observed.
7.6148 7.1991 6.8953 6.711 6.5252 6.2754 6.1022 5.8685Related Questions
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