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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 124

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the Shiller Real Home Price Index for the years 1894-1904.
Use a smoothing constant of α = 0.8 to determine the forecasts using simple exponential smoothing.
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: The table below is the data set of the Shiller Real Home Price Index for the years 1894-1904. Use a smoothing constant of α = 0.8 to determine the forecasts using simple exponential smoothing. -Determine the error for the forecast that corresponds to the year 1899. A) 0.50 B) -3.69 C) -5.50 D) 10.16
-Determine the error for the forecast that corresponds to the year 1899.


A) 0.50
B) -3.69
C) -5.50
D) 10.16

Correct Answer:

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