Consider the following data: Monthly Profit of a Gym Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Profit ($) 5,9015,901 5,6535,653 5,1545,154 4,8774,877 5,2455,245 5,7985,798 6,9196,919 6,2346,234 5,9585,958 Step 1 of 5 : Determine the three-period moving average for the next time period. If necessary, round your answer to one decimal place.

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Consider the following data:

Monthly Profit of a Gym
Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12
Profit ($) 5,9015,901 5,6535,653 5,1545,154 4,8774,877 5,2455,245 5,7985,798 6,9196,919 6,2346,234 5,9585,958
 
Step 1 of 5 :  
Determine the three-period moving average for the next time period. If necessary, round your answer to one decimal place.
Expert Solution
Step 1

Given that, Monthly Profit of a Gym :

Month Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12
Profit ($) 5,901 5,653 5,154 4,877 5,245 5,798 6,919 6,234 5,958

 

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