Based on the daily closings for the S&P/TSX Composite Index given in the table below, calculate a four-day moving average for Day 4. $$\begin{array} { c c }
\text { Day } & \text { Price } \
\hline 1 & 10500 \
2 & 10025 \
3 & 10125 \
4 & 10210
\end{array}$$
A) 10,500
B) 10,210
C) 10,215
D) 10,000
E) 11,000

Question

Based on the daily closings for the S&P/TSX Composite Index given in the table below, calculate a four-day moving average for Day 4. $$\begin{array} { c c } 
\text { Day } & \text { Price } \
\hline 1 & 10500 \
2 & 10025 \
3 & 10125 \
4 & 10210
\end{array}$$
A) 10,500
B) 10,210
C) 10,215
D) 10,000
E) 11,000

Quizplus · Accepted Answer

The four-day moving average for Day 4 is calculated by adding the prices from Day 1 to Day 4 and then dividing by 4: $(10500 + 10025 + 10125 + 10210) / 4 = 40860 / 4 = 10215$.

Based on the Daily Closings for the S&P/TSX Composite Index Day Price 110500210025310125410210\begin{array} { c c } \text { Day } & \text { Price } \\\hline 1 & 10500 \\2 & 10025 \\3 & 10125 \\4 & 10210\end{array} Day 1234​ Price 10500100251012510210​​

Based on the Daily Closings for the S&P/TSX Composite Index $\begin{array} { c c } \text { Day } & \text { Price } \\\hline 1 & 10500 \\2 & 10025 \\3 & 10125 \\4 & 10210\end{array}$