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
Related questions
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 |
Step by step
Solved in 2 steps
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman