question archive The following table provides the Dow Jones Industrial Average (DJIA) opening index value on the first working day of 1991-2013:Year djia1991 33151992 35291993 36311994 40841995 41641996 54471997 67781998 82381999 95772000 108662001 111572002 103882003 100022004 108192005 111502006 110502007 104922008 117942009 101042010 117632011 120672012 119202013 12028A
The following table provides the Dow Jones Industrial Average (DJIA) opening index value on the first working day of 1991-2013:Year djia1991 33151992 35291993 36311994 40841995 41641996 54471997 67781998 82381999 95772000 108662001 111572002 103882003 100022004 108192005 111502006 110502007 104922008 117942009 101042010 117632011 120672012 119202013 12028A
Subject:ManagementPrice: Bought3
The following table provides the Dow Jones Industrial Average (DJIA) opening index value on the first working day of 1991-2013:Year djia1991 33151992 35291993 36311994 40841995 41641996 54471997 67781998 82381999 95772000 108662001 111572002 103882003 100022004 108192005 111502006 110502007 104922008 117942009 101042010 117632011 120672012 119202013 12028A. Develop a regression model and use to predict the opening DJIA index value for years 2014, 2015, and 2016. Find the R2 for this model.B. Use exponential smooth with trend adjustment to forecast the opening DJIA value for 2014. Use a=0.8 and b=0.4 Compare the MSE for this technique with the MSE for the regression model in question A.
