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Ray Of Light [21]
3 years ago
7

You need to decide whether you should invest in a particular stock. You would like to invest if the price is likely to rise in t

he long run. You have data on the daily average price of this stock over the past 12 months. Your best action to determine if there is a significant trend is toa. estimate a least square trend model. b. perform exponential smoothing. c. compute the MAD statistic. d. compute moving averages.
Mathematics
1 answer:
Otrada [13]3 years ago
3 0

Answer:

c. compute the MAD statistic

Step-by-step explanation:

Compute the mad statistic since market is govern by random psychology of people and all factor affecting the stock price are not accountable making prediction difficult.

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