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

Question

2 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] · Answer 1 · 2022-10-04T19:44:14+03:00

Otrada [13]2 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.