er15 Part 1 of 3 Points: 0 of 1 Save A researcher is interested in finding out how the past average daily values of the stock prices of a firm A determine the current average daily value of its stock price. Let p (measured in dollars) denote the average daily value of the stock price of firm A at time t. The researcher collects data on the average daily values of the stock prices of the last quarter of 2017, ie., t=1,2...... 90 and estimates the following autoregressive model with 1 lag of pr P-2.12+1.12p-1. R=0.512, SER=13.14. (1.12) (0.81) The standard errors are given in parentheses. Suppose that the actual average daily value of the stock price on January 2, 2018 was $500.43 and the average daily value of the stock price on December 31, 2017 was $445.12. The forecast error in the estimation of the average daily value of the stock price on January 2, 2018 will be (Round your answer to two decimal places.)