The closing value of the Dow Jones Industrial Index for each trading day for a 1-year period
Question:
The closing value of the Dow Jones Industrial Index for each trading day for a 1-year period is provided in the file P16_24.xlsx.
a. Using a span of 2 days, forecast this index for the next trading day with the method of moving averages.
How well does the moving average method with span 2 forecast the known observations in this data set?
b. Repeat part a with a span of 5 days; with a span of 15 days.
c. Which of these three spans appears to be most appropriate? Explain your choice.
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Related Book For
Practical Management Science, Revised
ISBN: 9781118373439
3rd Edition
Authors: Wayne L Winston, S. Christian Albright
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