A supplier of school stationary recorded its quarterly sales figures ($00s) for the years 2009 to 2012. The data is shown in the table below.   Year Q1 Q2 Q3 Q4 2009 48 52 16 35 2010 50 46 22 40 2011 68 34 26 35 2012 73 56       3.1 Calculate centred 4- point moving averages (MA) for the data.    3.2 Plot the 4-point MA series on the same graph as the original series.   3.3 Comment on the trend component of the sales.

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter38: Achievement Review—section Three
Section: Chapter Questions
Problem 11AR: Read measurements a-h on the enlarged 32nds and 64th graduated fractional rule shown in Figure 38-3.
icon
Related questions
Question

A supplier of school stationary recorded its quarterly sales figures ($00s) for the years 2009 to 2012. The data is shown in the table below.

 

Year

Q1

Q2

Q3

Q4

2009

48

52

16

35

2010

50

46

22

40

2011

68

34

26

35

2012

73

56

   

 

3.1 Calculate centred 4- point moving averages (MA) for the data.   

3.2 Plot the 4-point MA series on the same graph as the original series.  

3.3 Comment on the trend component of the sales.   

Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,