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

question 75

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.

---

Definitions:

Consumption

Consumption involves the use of goods and services by households, representing one of the primary components of economic activity and an indicator of economic health.

Total Cost

Represents the complete expense incurred in the production of goods or services, combining both fixed and variable costs.

Price of Cheese

The amount of money required to purchase a specific quantity or unit of cheese.

Utility Function

A mathematical expression that measures a consumer's satisfaction or happiness from consuming various bundles of goods and services.