The following data are monthly price discovery contributions for gold prices from the COMEX open outcry contract

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The following data are monthly price discovery contributions for gold prices from the COMEX open outcry contract for November 2004 through August 2006.

0.38, 0.38, 0.44, 0.42, 0.44, 0.46, 0.48, 0.49, 0.51, 0.52, 0.45, 0.40, 0.39, 0.37, 0.38, 0.37,

0.33, 0.33, 0.32, 0.32, 0.32, 0.31

Construct a forecasting model and forecast the next period’s value.

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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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