Question
Daily Dollar/Euro Exchange Rate ( n = 61 days) Day 1 2 3 ... 59 60 61 Date 11/1/19 11/4/19 11/5/19 ... 1/29/20 1/30/20 1/31/20
| Daily Dollar/Euro Exchange Rate (n = 61 days) | |||||||
|---|---|---|---|---|---|---|---|
| Day | 1 | 2 | 3 | ... | 59 | 60 | 61 |
| Date | 11/1/19 | 11/4/19 | 11/5/19 | ... | 1/29/20 | 1/30/20 | 1/31/20 |
(a) Make an Excel line graph of the exchange rate data. Describe the pattern.
(b) Click on the data and choose Add Trendline > Moving Average. Describe the effect of increasing m (e.g., m = 2, 4, 6, etc.).
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Accounting What The Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
10th Edition
77729870, 9780077729875
