The following table provides the Dow Jones Industrial Average (DJIA) opening index value on the first working day of 1994-2013:
Develop a trend line and use it to predict the opening DJIA index value for years 2014, 2015, and 2016.
Find the MSE for this model.
Year DJLA
2013 13,104
2012 12,392
2011 11,577
2010 10,431
2009 8,772
2008 13,262
2007 12,460
2006 10,718
2005 10,784
2004 10,453
2003 8,342
2002 10,022
2001 10,791
2000 11,502
1999 9,213
1998 7,908
1997 6,448
1996 5,117
1995 3,834
1994 3,754