An investor seeking to gain from the positive momentum of a companys stock price analyzes 53 weeks

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An investor seeking to gain from the positive momentum of a company’s stock price analyzes 53 weeks of stock price data. The accompanying file includes the data.
a. Estimate and interpret the linear trend model (no seasonality).
b. Make a forecast for the next week (54th week).

 

WeekPrice
197.92
298.83
395.33
493.4
595.89
696.68
798.78
898.66
9104.21
10107.48
11108.18
12109.36
13106.94
14107.73
15103.13
16114.92
17112.71
18113.05
19114.06
20117.63
21116.6
22113.72
23108.84
24108.43
25110.06
26111.79
27109.9
28113.95
29115.97
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Business Analytics

ISBN: 9781265897109

2nd Edition

Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

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