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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 31

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.    -What is the value of the sum of squared forecast errors? A) 123.98 B) 101.85 C) 985.10 D) 862.82
-What is the value of the sum of squared forecast errors?


A) 123.98
B) 101.85
C) 985.10
D) 862.82

Correct Answer:

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