Math Problem Statement

onsider the following data:

Monthly Profit of a GymMonth

Jan-12

Feb-12

Mar-12

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Profit ($)

6,3006,300

6,0536,053

5,3945,394

5,1975,197

5,3655,365

6,1186,118

7,7197,719

6,3386,338

6,0456,045

Step 1 of 5 :  

Determine the three-period moving average for the next time period. If necessary, round your answer to one decimal place.

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Time Series Analysis

Formulas

Moving Average Formula

Theorems

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Suitable Grade Level

High School