Question
The accompanying table gives the stock market indices for a certain company on the stock market. Use simple linear regression to forecast the data. What
The accompanying table gives the stock market indices for a certain company on the stock market. Use simple linear regression to forecast the data. What would be the forecasts for the next three days?
Identify the trend and level for the given data.
(Round the Trend to two decimal places as needed. Round the Level to the nearest integer as needed.)
Trend=
Level=
Date Index Date (numeric) 9/3/2010 10,446.81 40424 9/7/2010 10,341.14 40428 9/8/2010 10,387.62 40429 9/9/2010 10,413.79 40430 9/10/2010 10,461.25 40431 9/13/2010 10,542.82 40434 9/14/2010 10,526.02 40435 9/15/2010 10,572.99 40436 9/16/2010 10,592.83 40437 9/17/2010 10,606.56 40438 9/20/2010 10,754.01 40441 9/21/2010 10,762.75 40442 9/22/2010 10,739.49 40443 9/23/2010 10,662.76 40444 9/24/2010 10,859.01 40445 9/27/2010 10,813.93 40448 9/28/2010 10,857.65 40449 9/29/2010 10,835.25 40450 9/30/2010 10,787.64 40451 10/1/2010 10,830.43 40452
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