$\begin{array}{c}
\begin{array}{c}
\text {Day}\
1 \
2 \
3 \
4 \
5 \
6 \
7
\end{array}
\begin{array}{c}
\text { Closing Price }\
48.22 \
48.40 \
47.28 \
47.30 \
48.11 \
49.02 \
49.10
\end{array}
\end{array}$

-What is the 5-day simple moving average as of day 7?

Question

$\begin{array}{c}
\begin{array}{c}
 \text {Day}\
1 \
2 \
3 \
4 \
5 \
6 \
7
\end{array}
\begin{array}{c}
\text { Closing Price }\
48.22 \
48.40 \
47.28 \
47.30 \
48.11 \
49.02 \
49.10 
\end{array}
\end{array}$

-What is the 5-day simple moving average as of day 7?

Quizplus · Accepted Answer

The 5-day simple moving average is calculated by adding the closing prices of the last 5 days and dividing by 5. As of day 7, the closing prices of the last 5 days are 48.11, 49.02, 49.10, 48.22, and 48.40. Therefore, the 5-day simple moving average as of day 7 is (48.11 + 49.02 + 49.10 + 48.22 + 48.40) / 5 = 47.93.

-What Is the 5-Day Simple Moving Average as of Day