Monthly Sales (In $1000s) of a Computer Store Are Shown

question 15

Essay

Monthly sales (in $1000s) of a computer store are shown below. $$\begin{array} { | l | c c c c c c | } \hline \text { Month } & \text { Jan } & \text { Feb } & \text { Mar } & \text { Apr } & \text { May } & \text { Jun } \\\hline \text { Sales } & 73 & 65 & 72 & 82 & 86 & 90 \\\hline\end{array}$$ a. Compute the three-month and five-month moving averages.
b. Compute the exponentially smoothed sales with w = 0.3 and w = 0.5
c. Calculate the four-month moving average, and four-month centred moving average.

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Definitions:

Unfair Business Practices

Actions undertaken by businesses that are deceptive, misleading, or unethical, often to gain an advantage over consumers or competitors.

Penalties

Fines or other forms of punishment imposed on individuals or organizations for breaking laws or regulations.

Sale Of Goods Act

Legislation that regulates the sale of goods, ensuring certain standards of quality and fitness for purpose among other sales rights and duties.

Consumer Protection Legislation

Laws and regulations designed to ensure the rights of consumers are protected and to promote fair trade, competition, and accurate information in the marketplace.