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Use the monthly data (September 2013 - November 2014) provided on the closing prices for Gold (GLD), NASDAQ, Oil (USO) and Facebook (FB). Date GLD
Use the monthly data (September 2013 - November 2014) provided on the closing prices for Gold (GLD), NASDAQ, Oil (USO) and Facebook (FB).
Date | GLD | NASDAQ | USO | FB |
Sep-13 | 128 | 3771 | 37 | 50 |
Oct-13 | 128 | 3920 | 35 | 50 |
Nov-13 | 121 | 4060 | 33 | 47 |
Dec-13 | 116 | 4177 | 35 | 55 |
Jan-14 | 120 | 4104 | 35 | 63 |
Feb-14 | 128 | 4308 | 37 | 68 |
Mar-14 | 124 | 4199 | 37 | 60 |
Apr-14 | 124 | 4115 | 36 | 60 |
May-14 | 120 | 4243 | 38 | 63 |
Jun-14 | 128 | 4408 | 39 | 67 |
Jul-14 | 123 | 4370 | 36 | 73 |
Aug-14 | 124 | 4580 | 36 | 75 |
Sep-14 | 116 | 4493 | 34 | 79 |
Oct-14 | 113 | 4631 | 31 | 75 |
Nov-14 | 115 | 4713 | 29 | 74 |
What is the approximate value of mean absolute error (MAE) of forecasting based on 3 period moving average for Oil prices?
2.64 | ||
4.10 | ||
3.26 | ||
1.97 |
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