A different branch of the same company, Elm Grove Bike Hire, produces five successive 4-point moving averages, in order: 58, 61, 60, 64, 67.
(a)State whether the trend is increasing, decreasing, or roughly constant.(1)
(b)Give a reason for your answer, using values from the list.(1)
(c)A customer claims that, because the trend is increasing, Quarter 3 rentals must always be the highest quarter of the year at every branch. Is the customer correct? Write Yes or No, and give a brief reason.(2)
(Total for Question 10 is 4 marks)