Answer the following questions using the data from the Excel file S&P 500.xlsx described in Problem 16.51:

Question:

Answer the following questions using the data from the Excel file S&P 500.xlsx described in Problem 16.51:

a. Forecast the S&P Index for the end of January 2013 using a trend projection.

b. Check the forecasting model in part a for the presence of autocorrelation using a = 0.05.

c. Comment on the appropriateness of using trend projection for these data.

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Business Statistics

ISBN: 9780133852288

2nd Edition

Authors: Robert A Donnelly, Robert Donnelly Jr

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