The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
IBM | AMZN | ||||||
January | $ | 178.04 | $ | 620.66 | |||
February | 178.89 | 628.52 | |||||
March | 197.77 | 567.02 | |||||
April | 214.43 | 549.70 | |||||
May | 189.97 | 499.90 | |||||
June | 210.93 | 489.58 | |||||
July | 241.14 | 607.89 | |||||
August | 198.01 | 534.66 | |||||
September | 222.95 | 511.40 | |||||
October | 215.19 | 606.78 | |||||
November | 198.59 | 587.21 | |||||
December | 177.02 | 661.30 |
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