Question: Answer the following questions using the data from the Excel file S&P 500.xlsx described in Problem 16.51: a. Forecast the S&P Index for the end

Answer the following questions using the data from the Excel file S&P 500.xlsx described in Problem 16.51:

a. Forecast the S&P Index for the end of January 2013 using a trend projection.

b. Check the forecasting model in part a for the presence of autocorrelation using a = 0.05.

c. Comment on the appropriateness of using trend projection for these data.

AppendixLO1

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