Use the following 25 consecutive days closing prices for Target Corp to determine linear, quadratic, cubic, and
Question:
Use the following 25 consecutive days’ closing prices for Target Corp to determine linear, quadratic, cubic, and quartic regression equations. What trends do you see? What are the predictions for the closing price on the 26th trading day? Starting with 1/22 as day 1, 1/25 as day 2, etc., use the ordered pairs (1, 69.15), (2, 68.35). . . in the form (day number, closing price).
Transcribed Image Text:
DATE 1/22 1/25 1/26 1/27 1/28 1/29 2/1 2/2 2/3 2/4 2/5 2/8 2/9 2/10 2/11 2/12 2/16 2/17 2/18 2/19 2/22 2/23 2/24 2/25 2/26 CLOSING PRICE 69.15 68.35 69.86 70.11 70.41 71.82 72.23 72.71 71.97 69.46 68.99 69.42 69.29 68.19 67.49 69.95 71.50 72.10 72.53 72.32 72.47 73.99 76.94 78.67 78.43
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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