A Time Series Is Shown in the Table Below Compute the Five-Day Moving Averages to Remove the Seasonal and

question 144

Essay

A time series is shown in the table below:
$$\begin{array}{l}\quad\quad\quad\quad\quad\quad\quad\quad\text { Week }\\\begin{array} { | l | c c c c } \hline \text { Day } & 1 & 2 & 3 & 4 \\\hline \text { Manday } & 16 & 15 & 18 & 21 \\\text { Tuesday } & 22 & 21 & 20 & 25 \\\text { Wednesday } & 20 & 23 & 20 & 24 \\\text { Thursday } & 29 & 28 & 32 & 28 \\\text { Friday } & 35 & 31 & 29 & 36 \\\hline\end{array}\end{array}$$ Compute the five-day moving averages to remove the seasonal and random variation.

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Definitions:

Bond Discount

The variance in price between the face value of a bond and the amount it fetches on the market, specifically when sold at a price less than the face value.

Straight-Line Method

A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.

Semiannual Interest

Refers to the payment of interest on a loan or financial instrument every six months.

Bond Premium

The excess value of a bond above its face value in the marketplace.