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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.
Unconscious Forces
The underlying, often hidden, motivations and desires that influence thoughts, feelings, and behaviors, according to psychoanalytic theory.
Situational Variables
External factors or conditions that can influence the outcome of research or the behavior of individuals in a given context.
Erikson
Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial stages of human development.
Locomotor-genital Conflict
A psychoanalytic concept suggesting a developmental stage tension between the desire for mobility and sexual expression.
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