Please show how you got to this answer. Assume the following daily closings for the Dow Jones Industrial Average
Please show how you got to this answer.
Assume the following daily closings for the Dow Jones Industrial Average:
| Day | DJIA | Day | DJIA |
| 1 | 13010 | 7 | 13220 |
| 2 | 13100 | 8 | 13130 |
| 3 | 13165 | 9 | 13250 |
| 4 | 13080 | 10 | 13315 |
| 5 | 13070 | 11 | 13240 |
| 6 | 13150 | 12 | 13310 |
a. Calculate a four-day moving average for Days 4 through 12.
b. Assume that the index on Day 13 closes at 13,300. Would this signal a buy or sell decision?
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