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Date Adjusted Close 19-Apr-17 74.43 20-Apr-17 78.84 21-Apr-17 78.41 24-Apr-17 79.26 25-Apr-17 79.44 26-Apr-17 79.33 27-Apr-17 79.14 28-Apr-17 78.08 1-May-17 78.06 2-May-17 78.36 3-May-17 77.67

Date Adjusted Close
19-Apr-17 74.43
20-Apr-17 78.84
21-Apr-17 78.41
24-Apr-17 79.26
25-Apr-17 79.44
26-Apr-17 79.33
27-Apr-17 79.14
28-Apr-17 78.08
1-May-17 78.06
2-May-17 78.36
3-May-17 77.67
4-May-17 77.17
5-May-17 77.16
8-May-17 77.01
9-May-17 77.28
10-May-17 77.49
11-May-17 76.77
12-May-17 76.35
15-May-17 77.17
16-May-17 76.98
17-May-17 75.24
18-May-17 75.25
19-May-17 75.67
22-May-17 75.84
23-May-17 76.06
24-May-17 75.98
25-May-17 76.30
26-May-17 76.32
30-May-17 75.95
31-May-17 75.80
1-Jun-17 77.12
2-Jun-17 77.33
5-Jun-17 77.80
6-Jun-17 77.69
7-Jun-17 78.63
8-Jun-17 78.77
9-Jun-17 79.12
12-Jun-17 78.99
13-Jun-17 79.40
14-Jun-17 79.65

With this daily closing prices of American Express stock for an eight-week period.

  1. Use the random walk model to forecast the closing price of this stock on the next trading day. Round your answer to the nearest cent, if necessary. :$........?
  2. - Lower limit (forecast): $.......? - Upper limit (forecast): $.......?

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