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

question 26

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 1946-1956.
$\begin{array}{c|c}\text { Year } & \begin{array}{c}\text { Real Home Price } \\\text { Index }\end{array} \\\hline 1946 & 106.5058955 \\\hline 1947 & 109.3296707 \\\hline 1948 & 101.2225795 \\\hline 1949 & 100.0466076 \\\hline 1950 & 105.8948393 \\\hline 1951 & 103.8986687 \\\hline 1952 & 103.9743275 \\\hline 1953 & 114.7133093 \\\hline 1954 & 114.199126 \\\hline 1955 & 115.4621261 \\\hline 1956 & 115.3166155\end{array}$
-Setting k = 5, calculate the simple moving average forecast for the year 1951.

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Definitions:

Earnings Per Share

The portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of a company's profitability.

Corporate Income Statement

is a financial document that outlines a corporation’s revenues, expenses, and profits or losses over a specific period.

Income From Continuing Operations

The earnings generated from a company's ongoing core business operations, excluding extraordinary items.

Cumulative Effect

The aggregate impact of an accounting change or policy adjustment over the period before the adjustment is implemented, often recognized immediately in financial statements.