Share
Explore BrainMass

Trend Line Slope (Graph)

Please graph the attached trend line slope

ALL I NEED TO GO WITH THIS IS A TREND LINE SLOPE THIS IS MY 3RD REQUEST.

On March 1st the stock price was: $28.41 (Pi)
On April 1st the stock price was: $28.91 (Pf)

The slope is defined as:

The trend predicts that the stock price will increase 0.5 dollars every month.
Therefore we expect the stock price on the first day of trading in May to be:

On May 3rd (The first trading day in May) the price was $27.76 which was below the predicted price.

In general, one can say that the trend predicts a behavior like:

Where PMarch is the price on March 1st and n is the number of months after March (for example for May n=2)

So for June (n=3) the prediction is:

While the actual price was $26.47

Attachments

Solution Preview

See attachment please! Hope this is what you need.

ALL I NEED TO GO WITH THIS IS A TREND LINE SLOPE THIS IS MY 3RD REQUEST.

On March 1st the stock price was: $28.41 (Pi)
On April 1st the stock price was: $28.91 (Pf)

The slope is defined as:

The trend predicts that the stock price ...

Solution Summary

The expert examines trend line slopes for graphs. The stock price is predicted using the trend lines.

$2.19