Question: The following data are monthly price discovery contributions for gold

The following data are monthly price discovery contributions for gold prices from the COMEX open outcry contract for November 2004 through August 2006.
0.38, 0.38, 0.44, 0.42, 0.44, 0.46, 0.48, 0.49, 0.51, 0.52, 0.45, 0.40, 0.39, 0.37, 0.38, 0.37,
0.33, 0.33, 0.32, 0.32, 0.32, 0.31
Construct a forecasting model and forecast the next period’s value.

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  • CreatedJune 03, 2015
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