Consider the prices for the DJ Industrials in the Excel file Closing Stock Prices. The data appear
Question:
Consider the prices for the DJ Industrials in the Excel file Closing Stock Prices. The data appear to have a linear trend over the time period provided.
a. Use simple linear regression to forecast the data. What would be the forecasts for the next 3 days?
b. Use the double exponential smoothing procedure in XLMiner to find forecasts for the next 3 days.
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Closing Stock Prices Date DJ Industrials Index LT Prediction 932010 1044793 1034467 SLOPE 1924 97201...View the full answer
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