Question: The file P12 16 xlsx contains the daily closing prices of American

The file P12_16.xlsx contains the daily closing prices of American Express stock for a one-year period.
a. Use the random walk model to forecast the closing price of this stock on the next trading day.
b. You can be about 95% certain that the forecast made in part a will be off by no more than how many dollars?


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  • CreatedApril 01, 2015
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