The Dow Jones Industrial Average (DJIA) and the Standard & Poor's 500 (S&P 500) indexes are used as measures of overall movement in the stock market. The DJIA is based on the price movements of 30 large companies; the S&P 500 is an index composed of 500 stocks. Some say the S&P 500 is a better measure of stock market performance because it is broader based. The closing price for the DJIA and the S&P 500 for 15 weeks, beginning with January 6, 2012, follow (Barron's website, April 17, 2012).DateDJIAS&P 500January 6123601278January 13124221289January 20127201315January 27126601316February 3128621345February 10128011343February 17129501362February 24129831366March 2129781370March 9129221371March 16132331404March 23130811397March 30132121408April 5130601398April 13128501370What is the 95% confidence interval for the regression parameter β1 and β0 ? If required, round your answer to three decimal places.

Concepts and reason Regression: Regression uses one or more explanatory variables to predict one…

Answered: The Dow Jones Industrial Average (DJIA)…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The Dow Jones Industrial Average (DJIA) and the Standard & Poor's 500 (S&P 500) indexes are used as measures of overall movement in the stock market. The DJIA is based on the price movements of 30 large companies; the S&P 500 is an index composed of 500 stocks. Some say the S&P 500 is a better measure of stock market performance because it is broader based. The closing price for the DJIA and the S&P 500 for 15 weeks, beginning with January 6, 2012, follow (Barron's website, April 17, 2012).

Date	DJIA	S&P 500
January 6	12360	1278
January 13	12422	1289
January 20	12720	1315
January 27	12660	1316
February 3	12862	1345
February 10	12801	1343
February 17	12950	1362
February 24	12983	1366
March 2	12978	1370
March 9	12922	1371
March 16	13233	1404
March 23	13081	1397
March 30	13212	1408
April 5	13060	1398
April 13	12850	1370