The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three month moving average for both stocks where two-thirds of the average weight is placed on the most recent price, table is in picture

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CR: Chapter Review
Problem 37E: Find the positive geometric mean between 4 and 64.
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The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three month moving average for both stocks where two-thirds of the average weight is placed on the most recent price, table is in picture

January
February
March
April
May
June
July
August
September
October
November
December
March
April
May
June
July
August
September
October
November
December
Penn
$ 179.24
179.69
200.29
217.09
189.01
211.85
243.80
195.55
223.91
215.43
199.49
177.58
Penn
Teller
$623.56
630.68
564.20
550.50
495.74
487.18
608.49
533.76
510.88
608.80
585.47
663.50
Teller
579.97
Transcribed Image Text:January February March April May June July August September October November December March April May June July August September October November December Penn $ 179.24 179.69 200.29 217.09 189.01 211.85 243.80 195.55 223.91 215.43 199.49 177.58 Penn Teller $623.56 630.68 564.20 550.50 495.74 487.18 608.49 533.76 510.88 608.80 585.47 663.50 Teller 579.97
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