The accompanying table gives the stock market indices for a certain company on the stock market. Use simple linear regression to forecast the data. What would be the forecasts for the next three days?Please show work so I can learn how to do this problem in the future. Thanks!Select the graph that shows the correct trendline forecast for the given data.*Please graph the trendline forecast for the following stock market indices.What would be the forecast for the next three days?10/02/2010 & index10/03/2010 & index10/04/2010 & indexDateIndexDate (numeric)9/3/201010447.79404249/7/201010342.64404289/8/201010386.09404299/9/201010415.14404309/10/201010462.48404319/13/201010542.22404349/14/201010524.65404359/15/201010572.29404369/16/201010593.03404379/17/201010607.22404389/20/201010753.98404419/21/201010759.62404429/22/201010741.07404439/23/201010663.56404449/24/201010859.98404459/27/201010813.73404489/28/201010859.14404499/29/201010834.72404509/30/201010787.454045110/1/201010830.0840452

A simple linear regression uses the linear equation with one explanatory variable to predict the…

Answered: The accompanying table gives the stock…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section: Chapter Questions

Problem 9PT: Does Table 2 represent a linear function? If so, finda linear equation that models the data.

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The accompanying table gives the stock market indices for a certain company on the stock market. Use simple linear regression to forecast the data. What would be the forecasts for the next three days?

Please show work so I can learn how to do this problem in the future. Thanks!

Select the graph that shows the correct trendline forecast for the given data.

*Please graph the trendline forecast for the following stock market indices.

What would be the forecast for the next three days?

10/02/2010 & index

10/03/2010 & index

10/04/2010 & index

Date	Index	Date (numeric)
9/3/2010	10447.79	40424
9/7/2010	10342.64	40428
9/8/2010	10386.09	40429
9/9/2010	10415.14	40430
9/10/2010	10462.48	40431
9/13/2010	10542.22	40434
9/14/2010	10524.65	40435
9/15/2010	10572.29	40436
9/16/2010	10593.03	40437
9/17/2010	10607.22	40438
9/20/2010	10753.98	40441
9/21/2010	10759.62	40442
9/22/2010	10741.07	40443
9/23/2010	10663.56	40444
9/24/2010	10859.98	40445
9/27/2010	10813.73	40448
9/28/2010	10859.14	40449
9/29/2010	10834.72	40450
9/30/2010	10787.45	40451
10/1/2010	10830.08	40452

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