THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 124

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below is the data set of the Shiller Real Home Price Index for the years 1894-1904.
Use a smoothing constant of α = 0.8 to determine the forecasts using simple exponential smoothing.

-Determine the error for the forecast that corresponds to the year 1899.

• A)0.50
• B)-3.69
• C)-5.50
• D)10.16

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Definitions:

Modified Leaf

A leaf that has evolved to serve functions other than photosynthesis, such as protection or reproduction.

Bulb

A globose, fleshy, underground bud that consists of a short stem with fleshy leaves (e.g., onion).

Leaf Abscission

The natural process by which leaves detach from a plant, typically in response to environmental triggers or seasonal changes.

Abscisic Acid

A plant hormone that regulates many aspects of plant growth and development, including stress responses, seed dormancy, and stomatal closure.