Question: Please help on where question mark are.The following data show the daily closing prices(in dollars per share) for a stock.Define the independent variable Period, where
Please help on where question mark are.The following data show the daily closing prices(in dollars per share) for a stock.Define the independent variable Period, where Period =1 corresponds to the data for November 3, Period =2 corresponds to the data for November 4, Period =3 corresponds to the data for November 7, and so on.Develop the estimated regression equation that can be used to predict the closing price( in dollars per share) given the value of Period.Use x for Period.(Round your numerical values to two decimal places.)^y=?(b) At the 0.05 level of significance , test for any positive autocorrelation in the residuals of the regression model.Find the value of the test statistic.(Round your answer to two decimal places.)?What are the critical values? Round your answers to two decimal places.)dL=?dU=?

Date Price ($) Nov. 3 82.79 Nov. 4 83.09 Nov. 7 83.64 Nov. 8 83.23 Nov. 9 82.84 Nov. 10 83.97 Nov. 11 84.64 Nov. 14 84.30 Nov. 15 85.56 Nov. 16 86.63 Nov. 17 86.97 Nov. 18 87 86 Nov. 21 87.38 Nov. 22 88.04 Nov. 23 88.86 Nov. 25 88.70 Nov. 28 89.12 Nov. 29 89.18 Nov. 30 88.94 Dec. 1 89.21
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
