The following table provides the Dow Jones Industrial Average (DJIA) opening index value on the first working
Question:
The following table provides the Dow Jones Industrial Average (DJIA) opening index value on the first working day of 1994-2013. Develop a trend line and use it to predict the opening DJIA index value for years 2014, 2015, and 2016. Find the MSE for this model.
Transcribed Image Text:
YEARDJIA YEAR DJIA 13,104 20038,342 2012 12,3922002 10,022 2011 577200 10,791 2010 10,4312000 11,502 8,772 999 9,213 2008 13,2621998 7,908 2007 12,4601997 6,448 2006 10,718996 5,117 3,834 10,453 994 3.754 2013 2009 2005 10,784 1995 2004
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Using Excel with X 1 2 3 20 for the years 19942013 respe...View the full answer
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Related Book For
Quantitative Analysis for Management
ISBN: 978-0134543161
13th edition
Authors: Barry Render, Ralph M., Jr. Stair, Michael E. Hanna, Trevor S. Hale
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