A market analyst wants to use week moving averages to analyze closing prices for

Question

A market analyst wants to use week moving averages to analyze closing prices for a particular stock. The lo most recent end-of- week closing prices for the stock are shown in the middle column of the table below. Also shown is a time series plot of the data. In the far-right column of the table are the week moving averages for the data. Fill in both blanks in this column. Round your responses to at least two decimal places. 5-week moving Week Closing price average Price 70.4 NA 64.7 3 74.0 71.86 73.8 73.18 5 76.4 74.32 75.44 70.4 79.6 55 82.6 NA 10 83.1 Undo Help Clear

Explanation / Answer

For week 7: 5 week moving average = 77.2

REASON: Average of 76.4, 77.0, 70.4,79.6,82.6 :

Total = 386

Average = 386/5 = 77.2

For week 8 : 5 week moving average = 78.54.

REASON:

Average of 77.0, 70.4, 79.6, 82.6, 83.1:

Total = 392.7

Average = 392.7/5 = 78.54

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.