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(A2.4) Suppose you are interested in forecasting the WTI spot price, how would you construct the model? Please report your results in maximum 1000 words),

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(A2.4) Suppose you are interested in forecasting the WTI spot price, how would you construct the model? Please report your results in maximum 1000 words), including (not restricted to the following Discussion of the data (length, frequency, source, etc) -Discussion of what you expect and why? Explain the pre treatment(s) of the data, if necessary -Construct a model for the WTI spot price. -How is the model forecasting precision? Please include all equations, figues, and tables necessary with your explanation in your report (A2.4) Suppose you are interested in forecasting the WTI spot price, how would you construct the model? Please report your results in maximum 1000 words), including (not restricted to the following Discussion of the data (length, frequency, source, etc) -Discussion of what you expect and why? Explain the pre treatment(s) of the data, if necessary -Construct a model for the WTI spot price. -How is the model forecasting precision? Please include all equations, figues, and tables necessary with your explanation in your report

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