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Recreate the AR(t) model output for the close price series shown in the left of Table 7.4-Does the AR model indicate that this is a

Recreate the AR(t) model output for the close price series shown in the left of Table 7.4-Does the AR model indicate that this is a random walk? Explain how you reach your conclusion.

Date Close
5-Feb-01 53.84
6-Feb-01 53.20
7-Feb-01 54.66
8-Feb-01 52.30
9-Feb-01 50.40
12-Feb-01 53.45
13-Feb-01 54.10
14-Feb-01 53.00
15-Feb-01 52.00
16-Feb-01 52.36
20-Feb-01 53.40
21-Feb-01 50.21
22-Feb-01 49.70
23-Feb-01 50.28
26-Feb-01 51.07
27-Feb-01 50.99
28-Feb-01 50.09
1-Mar-01 48.34
2-Mar-01 48.92
5-Mar-01 48.37
6-Mar-01 49.55
7-Mar-01 50.70
8-Mar-01 51.65
9-Mar-01 50.78
12-Mar-01 48.31
13-Mar-01 48.80
14-Mar-01 47.20
15-Mar-01 47.85
16-Mar-01 46.93
19-Mar-01 47.38
20-Mar-01 47.88
21-Mar-01 48.31
22-Mar-01 46.91
23-Mar-01 47.57
26-Mar-01 49.60
27-Mar-01 50.29
28-Mar-01 49.66
29-Mar-01 50.62
30-Mar-01 50.50
2-Apr-01 50.64
3-Apr-01 49.19
4-Apr-01 49.87
5-Apr-01 50.54
6-Apr-01 51.24
9-Apr-01 50.30
10-Apr-01 50.84
11-Apr-01 50.23
12-Apr-01 49.70
16-Apr-01 49.05
17-Apr-01 49.24
18-Apr-01 52.73
19-Apr-01 52.50
20-Apr-01 51.71
23-Apr-01 52.04
24-Apr-01 50.10
25-Apr-01 50.67
26-Apr-01 51.24
27-Apr-01 52.83
30-Apr-01 51.74
1-May-01 53.50
2-May-01 53.08
3-May-01 53.10
4-May-01 53.02
7-May-01 52.05
8-May-01 51.98
9-May-01 51.59
10-May-01 53.42
11-May-01 54.10
14-May-01 54.35
15-May-01 52.00
16-May-01 51.65
17-May-01 51.76
18-May-01 52.04
21-May-01 53.20
22-May-01 53.52
23-May-01 52.52
24-May-01 52.89
25-May-01 51.20
29-May-01 51.21
30-May-01 51.47
31-May-01 51.75
1-Jun-01 51.72
4-Jun-01 50.99
5-Jun-01 51.30
6-Jun-01 50.75
7-Jun-01 51.10
8-Jun-01 51.02
11-Jun-01 50.23
12-Jun-01 50.57
13-Jun-01 50.15
14-Jun-01 49.50
15-Jun-01 48.15
18-Jun-01 48.52
19-Jun-01 48.86
20-Jun-01 49.80
21-Jun-01 50.45
22-Jun-01 49.98
25-Jun-01 49.00
26-Jun-01 49.10
27-Jun-01 48.50
28-Jun-01 49.37
29-Jun-01 48.80
2-Jul-01 49.75
3-Jul-01 49.22
5-Jul-01 48.60
6-Jul-01 47.34
9-Jul-01 48.25
10-Jul-01 47.50
11-Jul-01 48.85
12-Jul-01 51.85
13-Jul-01 52.90
16-Jul-01 53.48
17-Jul-01 53.35
18-Jul-01 53.98
19-Jul-01 54.23
20-Jul-01 54.28
23-Jul-01 53.03
24-Jul-01 53.10
25-Jul-01 55.10
26-Jul-01 55.50
27-Jul-01 55.41
30-Jul-01 55.88
31-Jul-01 55.90
1-Aug-01 55.01
2-Aug-01 55.99
3-Aug-01 55.39
6-Aug-01 54.50
7-Aug-01 55.08
8-Aug-01 54.53
9-Aug-01 54.17
10-Aug-01 53.60
13-Aug-01 52.20
14-Aug-01 52.36
15-Aug-01 52.00
16-Aug-01 51.69
17-Aug-01 50.80
20-Aug-01 51.59
21-Aug-01 49.94
22-Aug-01 50.24
23-Aug-01 49.74
24-Aug-01 50.95
27-Aug-01 50.39
28-Aug-01 50.10
29-Aug-01 49.15
30-Aug-01 47.60
31-Aug-01 48.05
4-Sep-01 48.45
5-Sep-01 49.15
6-Sep-01 47.37
7-Sep-01 46.22
10-Sep-01 46.23
17-Sep-01 44.00
18-Sep-01 45.35
19-Sep-01 45.45
20-Sep-01 45.31
21-Sep-01 44.66
24-Sep-01 47.28
25-Sep-01 48.40
26-Sep-01 49.48
27-Sep-01 49.39
28-Sep-01 49.50
1-Oct-01 49.76
2-Oct-01 51.60
3-Oct-01 52.73
4-Oct-01 51.50
5-Oct-01 52.40
8-Oct-01 51.11
9-Oct-01 52.08
10-Oct-01 53.63
11-Oct-01 53.49
12-Oct-01 52.90
15-Oct-01 53.48
16-Oct-01 53.14
17-Oct-01 52.22
18-Oct-01 51.90
19-Oct-01 53.01
22-Oct-01 53.04
23-Oct-01 52.61
24-Oct-01 52.48
25-Oct-01 53.30
26-Oct-01 53.42
29-Oct-01 51.90
30-Oct-01 50.60
31-Oct-01 51.40
1-Nov-01 52.24
2-Nov-01 52.97
5-Nov-01 53.90
6-Nov-01 54.94
7-Nov-01 53.82
8-Nov-01 54.50
9-Nov-01 55.10
12-Nov-01 55.58
13-Nov-01 54.26
14-Nov-01 55.28
15-Nov-01 56.00
16-Nov-01 55.10
19-Nov-01 55.75
20-Nov-01 55.70
21-Nov-01 55.12
23-Nov-01 55.80
26-Nov-01 55.75
27-Nov-01 55.08
28-Nov-01 55.00
29-Nov-01 54.65
30-Nov-01 55.15
3-Dec-01 54.58
4-Dec-01 55.17
5-Dec-01 56.57
6-Dec-01 55.62
7-Dec-01 55.34
10-Dec-01 54.27
11-Dec-01 54.08
12-Dec-01 54.33
13-Dec-01 53.36
14-Dec-01 54.06
17-Dec-01 55.85
18-Dec-01 55.78
19-Dec-01 56.28
20-Dec-01 56.26
21-Dec-01 57.57
24-Dec-01 57.13
26-Dec-01 58.15
27-Dec-01 58.37
28-Dec-01 58.35
31-Dec-01 57.55
2-Jan-02 58.05
3-Jan-02 57.98
4-Jan-02 57.60
7-Jan-02 57.39
8-Jan-02 57.84
9-Jan-02 56.40
10-Jan-02 57.00
11-Jan-02 55.80
14-Jan-02 55.76
15-Jan-02 56.87
16-Jan-02 55.99
17-Jan-02 56.76
18-Jan-02 56.35
22-Jan-02 58.01
23-Jan-02 59.86
24-Jan-02 59.67
25-Jan-02 58.40
28-Jan-02 58.63
29-Jan-02 57.91
30-Jan-02 59.75
31-Jan-02 59.98
1-Feb-02 59.26
4-Feb-02 58.90

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