Question: The file P 1 2 _ 1 6 . xlsx darr contains the daily closing prices of American Express stock for an eight - week
The file Pxlsx darr contains the daily closing prices of American Express stock for an eightweek period. Using these data calculate the forecasts indicated below
Question
Use the Naive method to forecast the price of this stock for the next trading day. Use two decimals.
Forecast for period :
How well does this method forecast the known observations in this series? Calculate the Mean Absolute Percent Error MAPE:
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