Question: Forecasting Models for Time Series with a Linear Trend 1 . ( 5 0 points ) Consider the prices for the Dow Jones Industrials Index

Forecasting Models for Time Series with a Linear Trend
1.(50 points) Consider the prices for the Dow Jones Industrials Index in the Excel file Closing Stock Prices.
a. Use double exponential smoothing to find forecasts for the next three days.
b. Use simple linear regression to find forecasts for the next three days.
c. Compute MAD to determine which model is better?
Forecasting Models for Time Series with a Linear Trend 1.(50 points)

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