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. Note: Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places. Penn Teller $ 170.84 $ 603.26 February 174.09 182.65 April 198.47 May 195.73 524.86 Ell June 205.41 503.98 July 225.18 August 212.77 September 217.19 213.75 193.19 173.66 January March October November December March April May June July August September October November December Penn 615.56 583.94 544.90 604.29 540.06 514.52 594.66 597.65 648.10 Teller

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
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Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
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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.
Note: Input all amounts as positive values. Do not round intermediate calculations. Round your
answers to 2 decimal places.
January
February
March
April
May
June
July
August
September
October
November
December
March
April
May
June
July
August
September
October
November
December
Penn
Teller
$ 170.84 $ 603.26
174.09
615.56
182.65
583.94
198.47
544.90
195.73
524.86
205.41
503.98
225.18
604.29
212.77
540.06
217.19
514.52
213.75
594.66
193.19
597.65
173.66
648.10
Penn
Teller
Transcribed Image Text: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. Note: Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places. January February March April May June July August September October November December March April May June July August September October November December Penn Teller $ 170.84 $ 603.26 174.09 615.56 182.65 583.94 198.47 544.90 195.73 524.86 205.41 503.98 225.18 604.29 212.77 540.06 217.19 514.52 213.75 594.66 193.19 597.65 173.66 648.10 Penn Teller
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