Practice Meaning Of Moving Averages (11.3.1) - Index Numbers and Moving Averages
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Meaning of Moving Averages

Practice - Meaning of Moving Averages

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Practice Questions

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Question 1 Easy

What is a moving average?

💡 Hint: Think about how averages can be used to observe trends.

Question 2 Easy

Name one application of moving averages.

💡 Hint: Consider different fields that rely on data analysis.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the purpose of moving averages?

A. To increase data fluctuations
B. To smooth out data and show trends
C. To ignore past data

💡 Hint: Think about why analyzing trends might be beneficial.

Question 2

True or False: A weighted moving average treats all data points equally.

True
False

💡 Hint: Consider the difference between weighting and not weighting data.

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Challenge Problems

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Challenge 1 Hard

You have monthly sales data for six months: [100, 150, 200, 250, 300, 350]. Calculate and explain both the simple moving average and the weighted moving average (where the most recent month has a weight of 3, and the others have a weight of 1).

💡 Hint: Break down each step and remember to multiply the weights for the weighted average!

Challenge 2 Hard

How might the choice between using simple or weighted moving averages impact a financial analyst’s decision regarding stock investments in a fluctuating market?

💡 Hint: Think about why recent data might have more significance in forecasting.

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