Consider the following data: Monthly Profit of an Auto Repair Shop Month Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Profit ($) 15,70915,709 15,85915,859 14,65514,655 16,71316,713 18,36318,363 17,17017,170 19,14519,145 18,42418,424 20,20620,206 Step 1 of 4 : Determine the three-period moving average for the next time period. If necessary, round your answer to one decimal place.
Consider the following data: Monthly Profit of an Auto Repair Shop Month Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Profit ($) 15,70915,709 15,85915,859 14,65514,655 16,71316,713 18,36318,363 17,17017,170 19,14519,145 18,42418,424 20,20620,206 Step 1 of 4 : Determine the three-period moving average for the next time period. If necessary, round your answer to one decimal place.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
Consider the following data:
Monthly Profit of an Auto Repair Shop
Monthly Profit of an Auto Repair Shop
| Month | Jan-14 | Feb-14 | Mar-14 | Apr-14 | May-14 | Jun-14 | Jul-14 | Aug-14 | Sep-14 |
|---|---|---|---|---|---|---|---|---|---|
| Profit ($) | 15,70915,709 | 15,85915,859 | 14,65514,655 | 16,71316,713 | 18,36318,363 | 17,17017,170 | 19,14519,145 | 18,42418,424 | 20,20620,206 |
Step 1 of 4 :
Determine the three-period moving average for the next time period. If necessary, round your answer to one decimal place.
Expert Solution
Step 1
Given that, Monthly Profit of an Auto Repair Shop:-
| Month | Jan-14 | Feb-14 | Mar-14 | Apr-14 | May-14 | Jun-14 | Jul-14 | Aug-14 | Sep-14 |
|---|---|---|---|---|---|---|---|---|---|
| Profit ($) | 15,709 | 15,859 | 14,655 | 16,713 | 18,363 | 17,170 | 19,145 | 18,424 | 20,206 |
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