Exhibit 10-1
THE FOLLOWING INFORMATION IS TO BE USED TO ANSWER

question 6

Multiple Choice

Exhibit 10-1
THE FOLLOWING INFORMATION IS TO BE USED TO ANSWER THE NEXT QUESTION(S)
Daily closings for the S&P/TSX composite Index are given in the table below. $$\begin{array} { c c } \text { Day } & \text { Price } \\\hline 1 & 9867 \\2 & 10025 \\3 & 10524 \\4 & 10210 \\5 & 10104 \\6 & 9925\end{array}$$
-Refer to Exhibit 10-1. Calculate a 5-day moving average for day 6.

• A) 10,102.3
• B) 9905.6
• C) 9875.4
• D) 10,215.7
• E) 10,157.6

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Definitions:

Random Sample

A sample that is selected from a larger population in such a way that every individual has an equal chance of being included.

Timely Payments

Refers to the act of paying dues or bills on or before the due date.

Loans

Money that is borrowed, often from a bank, that is expected to be paid back with interest.

Probability

An assessment of the chance that an event will take place.