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Using a span of 3, forecast the price of this stock for the next trading day with the moving average method. Round your answer to

Using a span of 3, forecast the price of this stock for the next trading day with the moving average method. 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:  

  1. Using a span of 6, forecast the price of this stock for the next trading day with the moving average method. Round 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.

    Root mean square error:  

  2. Which of these two spans appears to be more appropriate? Justify your choice.

    The more appropriate span is Select36Item 5  because it has the Select higher lower Item 6  root mean square error.

DateAdjusted Close
15-Jun-1779.51
16-Jun-1780.25
19-Jun-1780.67
20-Jun-1781.29
21-Jun-1781.00
22-Jun-1781.03
23-Jun-1781.01
26-Jun-1781.73
27-Jun-1781.85
28-Jun-1782.73
29-Jun-1782.39
30-Jun-1783.00
3-Jul-1783.84
5-Jul-1783.95
6-Jul-1782.81
7-Jul-1783.40
10-Jul-1783.37
11-Jul-1783.23
12-Jul-1783.88
13-Jul-1784.43
14-Jul-1784.34
17-Jul-1784.28
18-Jul-1784.57
19-Jul-1784.98
20-Jul-1784.41
21-Jul-1784.64
24-Jul-1784.06
25-Jul-1784.47
26-Jul-1784.36
27-Jul-1782.92
28-Jul-1783.86
31-Jul-1784.29
1-Aug-1784.30
2-Aug-1784.36
3-Aug-1784.59
4-Aug-1785.02
7-Aug-1784.90
8-Aug-1784.99
9-Aug-1784.74
10-Aug-1783.63


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