12.07.2015 Views

Mathematics Higher Level Robert Joinson

Mathematics Higher Level Robert Joinson

Mathematics Higher Level Robert Joinson

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©Sumbooks2002<strong>Higher</strong> <strong>Level</strong>91 Moving AveragesThe table below shows the value of the shares of a company over a period of 24 weeks.The value of each share is taken at the end of each week. A shareholder needs to know thetrend in the share value of the company and does this by calculating an 8 week moving average.DayValue of a sharein pence1 2512 2633 2944 3305 3506 3457 3428 3409 33610 33111 33012 32113 31514 30215 32116 31717 32018 31819 30720 301212223243312873053068 week movingaverage324.5b) Explain why there can be no moving average for week 5.c) When can the first moving average be calculated?d) Complete the table of moving averages.e) By looking at the moving averages, what do you think the trend in his share values is?

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