Instruction 14-2
the Following Table Contains the Number of Complaints

question 79

Multiple Choice

Instruction 14-2
The following table contains the number of complaints received in a department store for the first 6 months of last year.
$$\begin{array} { l l } \text { Month } & \text { Complaints } \\\hline\text { January } & 36 \\\text { February } & 45 \\\text { March } & 81 \\\text { April } & 90 \\\text { May } & 108 \\\text { June } & 144\end{array}$$
-Referring to Instruction 14-2,if a three-term moving average is used to smooth this series,how many values would it have?

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Definitions:

Strike Price

In options trading, this is the price at which the holder of the option can buy or sell the underlying asset.

Shares

Units of ownership interest in a corporation or financial asset that provide an equal distribution in any profits, if any are declared, in the form of dividends.

European Options

Financial derivatives that give the holder the right to buy or sell the underlying asset at a specified price only at the expiration date.

Black-Scholes Model

A mathematical model of the market for an equity, in which the price of the equity is modeled as a stochastic process, used primarily to price European style options.