Suppose the following table shows the approximate price of a certain stock in December of each year from 2001 through 2010. Complete the table by computing the 4-year moving averages.
(Note the peak in 2007 and the drop in subsequent years.) Round each average to the nearest dollar. HINT [See Example 3.]
| Year t |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
| Stock Price |
29 |
12 |
13 |
12 |
18 |
20 |
38 |
16 |
13 |
10 |
Moving
Average
(rounded) |
|
|
|
__ |
__ |
__ |
__ |
__ |
__ |
__ |
How does the average year-by-year change in the moving average compare with the average year-by-year change in the stock price?_________
The average change in the moving average is ---Select---higher or lower .