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Describe the roles of bottom-up and top-down processes. Provide an example of each of these types of perceptions.
Mean Absolute Deviation
The average of the absolute differences between each data point and the mean of the dataset, indicating variability.
Shiller Real Home Price Index
An inflation-adjusted index that tracks changes in the price of residential real estate over time, developed by economist Robert Shiller.
Mean Square Error
It is a measure used in statistics to indicate the average squared difference between the estimated values and the actual value.
Shiller Real Home Price Index
An index that measures changes in the price of residential properties, adjusted for inflation.
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