In Excel create a 4 period moving average with additive trend in excel using the below excel data. Optimize the model for the value of x that minimizes the MSE. Calculate the MSE for the model and next years prediction. What is the MSE for this model? (use 2 decimal places). Below is the excel data and the moving average that excel gave me. Just need to optimize the model for x and minimize MSE?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

In Excel create a 4 period moving average with additive trend in excel using the below excel data. Optimize the model for the value of x that minimizes the MSE. Calculate the MSE for the model and next years prediction. What is the MSE for this model? (use 2 decimal places). Below is the excel data and the moving average that excel gave me. Just need to optimize the model for x and minimize MSE?

Time Period
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
Stock Price mov avg
70.23 #N/A
72.39 #N/A
72.93 #N/A
73.65i
73.65!
74.27
74.22
74.47i
74.99!
75.95!
76.51
77.79
78.35i
79.41!
80.46
80.53
80.99i
81.56i
82.21!
72.30
73.16
73.62
73.95
74.15
74.48
74.91
75.48
76.31-
77.15
78.01
79.00
79.69
80.35
80.89
81.32
Transcribed Image Text:Time Period 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Stock Price mov avg 70.23 #N/A 72.39 #N/A 72.93 #N/A 73.65i 73.65! 74.27 74.22 74.47i 74.99! 75.95! 76.51 77.79 78.35i 79.41! 80.46 80.53 80.99i 81.56i 82.21! 72.30 73.16 73.62 73.95 74.15 74.48 74.91 75.48 76.31- 77.15 78.01 79.00 79.69 80.35 80.89 81.32
Expert Solution
steps

Step by step

Solved in 6 steps with 9 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman