The closing value of the Dow Jones Industrial Average for each trading day during a one-year period
Question:
The closing value of the Dow Jones Industrial Average for each trading day during a one-year period is provided in the file P14_23.xlsx.
a. Using a span of 2, forecast the price of this index on the next trading day with the moving averages method.
How well does the moving averages method with span 2 forecast the known observations in this series?
b. Repeat part a with a span of 5; with a span of 15.
c. Which of these three spans appears to be most appropriate? Justify your choice.
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Related Book For
Practical Management Science
ISBN: 9781111531317
4th Edition
Authors: Wayne L. Winston, S. Christian Albright
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