Use the Data Shown Below to Answer the Following Question(s)

question 54

Essay

Use the data shown below to answer the following question(s).
The table below is the data set of the Shiller Real Home Price Index for the years 1985-2000.
-Setting k = 3,determine the simple moving average forecast for the year 1995.

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Definitions:

Chicago

A major city in the United States located in the state of Illinois, known for its vibrant arts scene, numerous cultural attractions, and significant architectural achievements.

Gilded Age

A period in the late 19th century in the United States characterized by rapid economic and industrial growth, along with significant social inequality and political corruption.

Old Country

often used to refer to the original homeland of immigrants or their ancestors, especially in a nostalgic or affectionate manner.

Immigrants

Individuals who move from one country to another with the intention of settling in the new country, often in pursuit of better opportunities, safety, or family reunion.