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The data below consist of the closing price of the common stock of the American Telephone and Telegraph Corporation on 10 recent trading days. Time(t)
The data below consist of the closing price of the common stock of the American Telephone and Telegraph Corporation on 10 recent trading days. Time(t) Price Time(t) Price 1 $24.10 6 $22.73 2 23.80 7 22.60 3 23.39 8 21.76 4 22.90 9 22.14 5 22.10 10 21.69 a. Using a five-period moving average, forecast the price of the stock for period 10. b. What is the error of the forecast in #1-a? c. Using a five-period moving average, forecast the price of the stock for period 11.
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