Listed on the top of the next page in order by row are the annual high values

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Listed on the top of the next page in order by row are the annual high values of the Dow Jones Industrial Average for each year beginning with 1990. Find the best model and then predict the value for the year 2014 (the last year listed). Is the predicted value close to the actual value of 18,054?

Construct a scatterplot and identify the mathematical model that best fits the given data. Assume that the model is to be used only for the scope of the given data, and consider only linear, quadratic, logarithmic, exponential, and power models.

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Mathematical Interest Theory

ISBN: 9781470465681

3rd Edition

Authors: Leslie Jane, James Daniel, Federer Vaaler

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