Question
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:
- 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:
- 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.
Date | Adjusted Close | |
15-Jun-17 | 79.51 | |
16-Jun-17 | 80.25 | |
19-Jun-17 | 80.67 | |
20-Jun-17 | 81.29 | |
21-Jun-17 | 81.00 | |
22-Jun-17 | 81.03 | |
23-Jun-17 | 81.01 | |
26-Jun-17 | 81.73 | |
27-Jun-17 | 81.85 | |
28-Jun-17 | 82.73 | |
29-Jun-17 | 82.39 | |
30-Jun-17 | 83.00 | |
3-Jul-17 | 83.84 | |
5-Jul-17 | 83.95 | |
6-Jul-17 | 82.81 | |
7-Jul-17 | 83.40 | |
10-Jul-17 | 83.37 | |
11-Jul-17 | 83.23 | |
12-Jul-17 | 83.88 | |
13-Jul-17 | 84.43 | |
14-Jul-17 | 84.34 | |
17-Jul-17 | 84.28 | |
18-Jul-17 | 84.57 | |
19-Jul-17 | 84.98 | |
20-Jul-17 | 84.41 | |
21-Jul-17 | 84.64 | |
24-Jul-17 | 84.06 | |
25-Jul-17 | 84.47 | |
26-Jul-17 | 84.36 | |
27-Jul-17 | 82.92 | |
28-Jul-17 | 83.86 | |
31-Jul-17 | 84.29 | |
1-Aug-17 | 84.30 | |
2-Aug-17 | 84.36 | |
3-Aug-17 | 84.59 | |
4-Aug-17 | 85.02 | |
7-Aug-17 | 84.90 | |
8-Aug-17 | 84.99 | |
9-Aug-17 | 84.74 | |
10-Aug-17 | 83.63 |
Step by Step Solution
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Root Mean Square Error Root of Mean Square Error Mean Square Error Mean Square Error Average of Error 2 Error Adjusted Close Forecast 3 period Moving ...Get Instant Access to Expert-Tailored Solutions
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