Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The file P12_16 xlsx contains the daly closing prices of American Express stock for an eight-week period. a. Using a span of 3, foreclast the

image text in transcribed
image text in transcribed
image text in transcribed
The file P12_16 xlsx contains the daly closing prices of American Express stock for an eight-week period. a. Using a span of 3, foreclast the price of this stock for the next trading day with the moving average mothod. Round your answer to the nearest cent, if necessary. How well does this method with span 3 forecast the known observations in this series? Round your answer to three decimal places, if necessary. Root mean square error: b. Using a span of 6, forecast the price of thas stock for the next trading day with the moving average method. Pound your answer to the nearest cent, if necessary. How well does this method with span 6 forecast the known observations in this series? Round your answer to three decimal places, if necessary. Poot mean sizuare error: \begin{tabular}{|c|c|c|c|c|} \hline & A & B & C & D \\ \hline 11 & Date & Adjusted Close & & \\ \hline 2 & 19-Apr-17 & 74.43 & & \multirow{4}{*}{\begin{tabular}{l} Closing price of \\ American Express, \\ adjusted for dividends \\ and stock splits \end{tabular}} \\ \hline 3 & 20-Apr-17 & 78.84 & & \\ \hline 4 & 21-Apr-17 & 78.41 & & \\ \hline 5 & 24-Apr-17 & 79.26 & & \\ \hline 6 & 25-Apr-17 & 79.44 & & \\ \hline 7 & 26-Apr-17 & 79.33 & & \\ \hline 8 & 27-Apr-17 & 79.14 & & \\ \hline 9 & 28-Apr-17 & 78.08 & & \\ \hline 10 & 1-May-17 & 78.06 & & \\ \hline 11 & 2-May-17 & 78.36 & & \\ \hline 12 & 3-May-17 & 77.67 & & \\ \hline 13 & 4-May-17 & 77.17 & & \\ \hline 14 & 5-May-17 & 77.16 & & \\ \hline 15 & 8-May-17 & 77.01 & & \\ \hline 16 & 9-May-17 & 77.28 & & \\ \hline 17 & 10-May-17 & 77.49 & & \\ \hline 18 & 11-May-17 & 76.77 & & \\ \hline 19 & 12-May-17 & 76.35 & & \\ \hline 20 & 15-May-17 & 77.17 & & \\ \hline 21 & 16-May-17 & 76.98 & & \\ \hline 22 & 17-May-17 & 75.24 & & \\ \hline 23 & 18-May-17 & 75.25 & & \\ \hline 24 & 19-May-17 & 75.67 & & \\ \hline 25 & 22-May-17 & 75.84 & & \\ \hline 26 & 23-May-17 & 76.06 & & \\ \hline 27 & 24-May-17 & 75.98 & & \\ \hline 28 & 25-May-17 & 76.30 & & \\ \hline 29 & 26-May-17 & 76.32 & & \\ \hline 30 & 30-May-17 & 75.95 & & \\ \hline 31 & 31-May-17 & 75.80 & & \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline A & \\ \hline 1-Jun-17 & 77.12 \\ \hline 2-Jun-17 & 77.33 \\ \hline 5-Jun-17 & 77.80 \\ \hline 6-Jun-17 & 77.69 \\ \hline 7-Jun-17 & 78.63 \\ \hline 8-Jun-17 & 78.77 \\ \hline 9-Jun-17 & 79.12 \\ \hline 12Jun17 & 78.99 \\ \hline 13J un-17 & 79.40 \\ \hline 14-Jun-17 & 79.65 \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Housing Finance Reform

Authors: Susan M. Wachter, Joseph Tracy

1st Edition

0812248627, 978-0812248623

More Books

Students also viewed these Finance questions

Question

What is a SWOT analysis and why is it important?

Answered: 1 week ago

Question

Explain the steps involved in training programmes.

Answered: 1 week ago