6. Consider the prices for the DJ Industrials in the Excel file Closing Stock Prices. The data...

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6. 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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