Asked by Edith Jimenez on May 10, 2024
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Quarterly enrollments in business statistics class for three years are shown in the table below.Compute the four-quarter centered moving averages.
Centered Moving Averages
A sequence of averages derived from successive segments of a set of numbers, calculated by placing the average directly in the center of the time period it covers.
Quarterly Enrollments
The number of individuals who enroll or register in a program or institution during a specific quarter of the year.
Business Statistics
The application of statistical methods and techniques to business data for the purpose of making informed decisions.
- Understand the process and significance of constructing centered moving averages.
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Learning Objectives
- Understand the process and significance of constructing centered moving averages.
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