Use the Data Shown Below to Answer the Following Questions)

question 32

Essay

Use the data shown below to answer the following questions).
The table below is the data set of the Shiller Real Home Price Index for the years 1946-1956. $$\begin{array} { | c | c| } \hline \text { Year } & \begin{array} { c } \text { Real Home Price } \\\text { Index }\end{array} \\\hline 1946 & 106.5058955 \\\hline 1947 & 109.3296707 \\\hline 1948 & 101.2225795 \\\hline 1949 & 100.0466076 \\\hline 1950 & 105.8948393 \\\hline 1951 & 103.8986687 \\\hline 1952 & 103.9743275 \\\hline 1953 & 114.7133093 \\\hline 1954 & 114.199126 \\\hline 1955 & 115.4621261 \\\hline 1956 & 115.3166155 \\\hline\end{array}$$
-Setting k = 3, determine the simple moving average forecast for the year 1950.

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Definitions:

Crime Rate

The frequency or number of crimes occurring in a particular area over a specific period, often used as an indicator of safety and security.

Handmade Wooden Crafts

Creative and artistic items made from wood through manual skills, ranging from decorations, furniture, to utensils, emphasizing craftsmanship.

Artisans

Skilled craft workers who make or create things by hand that may be functional or strictly decorative, such as furniture, decorative arts, sculptures, clothing, jewelry, food items, and household items.

Neighborhoods

Specific geographic areas within a city or town, characterized by unique features, communities, and cultures.