Harris Mutual Fund invests primarily in technology stocks. The price of the fund at theend of each month for the 12 months of 2009 are:
Month Mutual Fund price
A. Find the forecast value of the mutual fund for the month of June, using a naive model. The value for December 2008 was 19.00
B. Forecast the mutual fund price for January 2010 using a 3 period moving average model.
ROUND ANSWERS TO 2 DECIMAL PLACES FOR BOTH PROBLEMS.