Question
Please collect the stock price data about Citi Bank, Morgan Stanley, INTEL, Amazon, Boeing, Johnson & Johnson, PG&E, Exxon Mobile, and gold price in
Please collect the stock price data about Citi Bank, Morgan Stanley, INTEL, Amazon, Boeing, Johnson & Johnson, PG&E, Exxon Mobile, and gold price in 2018. We try to use these 7 stocks to infer gold price by regression. (a) Please use each of the 7 stocks to predict gold price on the first trading date in 2019, to find which stock supplies best accuracy. (b) Please us all 7 stocks for multiple regression to predict the gold price on the first trading day in 2019. Compare with the result in (a). Explain your result.
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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