Question

Below you will find the closing stock prices for eBay over a three-week period. Calculate the simple three-day and five-day moving averages for the stock. (Round your answers to 2 decimal places.)

Week	Day	Close
1	Monday		$37.57
	Tuesday		37.39
	Wednesday		36.99
	Thursday		37.25
	Friday		36.51
2	Monday		36.68
	Tuesday		36.75
	Wednesday		36.79
	Thursday		37.48
	Friday		37.58
3	Monday		37.51
	Tuesday		37.67
	Wednesday		38.00
	Thursday		38.15
	Friday		37.98

Answer 1

Week	Day	Close	SMA-3 days	SMA-5 days
1	Monday	$37.57
	Tuesday	37.39
	Wednesday	36.99	$37.32 (37.57+37.39+36.99)/3
	Thursday	37.25	37.21 (37.39+36.99+37.25)/3
	Friday	36.51	36.92 (36.99+37.25+36.51)/3	$37.14 (37.57+37.39+36.99+37.25+36.51)/5
2	Monday	36.68	36.81 (37.25+36.51+36.68)/3	36.96 (37.39+36.99+37.25+36.51+36.68)/5
	Tuesday	36.75	36.65 (36.51+36.68+36.75)/3	36.84 (36.99+37.25+36.51+36.68+36.75)/5
	Wednesday	36.79	36.74 (36.68+36.75+36.79)/3	36.80 (37.25+36.51+36.68+36.75+36.79)/5
	Thursday	37.48	37.00 (36.75+36.79+37.48)/3	36.84 (36.51+36.68+36.75+36.79+37.48)/5
	Friday	37.58	37.28 (36.79+37.48+37.58)/3	37.06 (36.68+36.75+36.79+37.48+37.58)/5
3	Monday	37.51	37.52 (37.48+37.58+37.51)/3	37.22 (36.75+36.79+37.48+37.58+37.51)/5
	Tuesday	37.67	37.59 (37.58+37.51+37.67)/3	37.41 (36.79+37.48+37.58+37.51+37.67)/5
	Wednesday	38.00	37.73 (37.51+37.67+38)	37.65 (37.48+37.58+37.51+37.67+38)/5
	Thursday	38.15	37.94 (37.67+38+38.15)/3	37.78 (37.58+37.51+37.67+38+38.15)/5
	Friday	37.98	38.04 (38+38.15+37.98)/3	37.86 (37.51+37.67+38+38.15+37.98)/5