The file P14_22.xlsx contains the daily closing prices of American Express stock for a one-year period. a.

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The file P14_22.xlsx contains the daily closing prices of American Express stock for a one-year period.

a. Using a span of 3, forecast the price of this stock for the next trading day with the moving averages method. How well does this method with span 3 forecast the known observations in this series?

b. Repeat part a with a span of 10.

c. Which of these two spans appears to be more appropriate? Justify your choice.

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Practical Management Science

ISBN: 9781111531317

4th Edition

Authors: Wayne L. Winston, S. Christian Albright

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