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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.
 Year  Real Home Price  Index 1946106.50589551947109.32967071948101.22257951949100.04660761950105.89483931951103.89866871952103.97432751953114.71330931954114.1991261955115.46212611956115.3166155\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.


Definitions:

National Workshops

were government-funded job programs in France during the 1848 Revolution, intended to provide work for the unemployed but were ultimately unsuccessful.

Unemployed

The state of not having paid employment but being available to work.

Revolutionary Clubs

Informal political groups that emerged during revolutions, especially in France, providing a platform for political discussion and action among the common people.

Frankfurt Parliament

An unofficial national assembly convened in 1848 at St. Paul's Church in Frankfurt am Main, aimed at unifying the German states into a single nation.

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