Exhibit 16.1
Use the Information Below for the Following Problem(S)
Daily closings for the Dow Jones Industrial Average are given in the table below.
$$\begin{array} { c c }
\text { Day } & \text { Price} \
\hline 1 & 9867 \
2 & 10025 \
3 & 10524 \
4 & 10210 \
5 & 10104 \
6 & 9925
\end{array}$$
-Refer to Exhibit 16.1.Calculate a 4-day moving average for day 5.
A) 10,102.3
B) 9905.6
C) 9875.4
D) 10,215.7
E) 10,157.6

Question

Exhibit 16.1
Use the Information Below for the Following Problem(S)
Daily closings for the Dow Jones Industrial Average are given in the table below.
 $$\begin{array} { c c } 
\text { Day } & \text { Price} \
\hline 1 & 9867 \
2 & 10025 \
3 & 10524 \
4 & 10210 \
5 & 10104 \
6 & 9925
\end{array}$$
-Refer to Exhibit 16.1.Calculate a 4-day moving average for day 5.
A) 10,102.3
B) 9905.6
C) 9875.4
D) 10,215.7
E) 10,157.6

Quizplus · Accepted Answer

Day 5 = (10025 + 10524 + 10210 + 10104)/4 = 10215.75

Exhibit 16 Day Price1986721002531052441021051010469925\begin{array} { c c } \text { Day } & \text { Price} \\\hline 1 & 9867 \\2 & 10025 \\3 & 10524 \\4 & 10210 \\5 & 10104 \\6 & 9925\end{array} Day 123456​ Price9867100251052410210101049925​​

Exhibit 16 $\begin{array} { c c } \text { Day } & \text { Price} \\\hline 1 & 9867 \\2 & 10025 \\3 & 10524 \\4 & 10210 \\5 & 10104 \\6 & 9925\end{array}$