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Assume the following daily closings for the Dow Jones Industrial Average: Day DJIA Day DJIA 1 13,050 7 13,160 2 13,130 8 13,110 3 13,195

Assume the following daily closings for the Dow Jones Industrial Average:

Day DJIA Day DJIA
1 13,050 7 13,160
2 13,130 8 13,110
3 13,195 9 13,240
4 13,120 10 13,325
5 13,110 11 13,220
6 13,120 12 13,280

  1. Calculate a four-day moving average for Days 4 through 12. Round your answers to two decimal places.

    Day Moving average
    4
    5
    6
    7
    8
    9
    10
    11
    12

  2. Assume that the index on Day 13 closes at 13,260. Would this signal a buy or sell decision?

    This would signal a (-Select-) buy sell Item 10 decision.

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