Explore BrainMass
Share

Moving Average for Hotel Check-ins

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

Given the following data on hotel check-ins for a 6-month period:

Month Number of rooms
July 70
August 105
September 90
October 120
November 110
December 115

a. What is the 3-month moving average for January?

b. What is the 5-month moving average for January?

© BrainMass Inc. brainmass.com March 21, 2019, 5:11 pm ad1c9bdddf
https://brainmass.com/economics/econometrics/moving-average-for-hotel-check-ins-212146

Solution Preview

This calls for a simple moving average calculation. Mx = (M1 + M2 + M3...)/n

a. What is the 3-month moving ...

Solution Summary

Shows the steps needed to calculate the moving average for three and five months.

$2.19