THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 31

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.

-What is the value of the sum of squared forecast errors?

• A)123.98
• B)101.85
• C)985.10
• D)862.82

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Definitions:

White Privilege

The societal privileges that benefit white people beyond what is commonly experienced by non-white people under the same social, political, or economic circumstances.

Unearned Advantage

Privileges and benefits one receives without effort or merit simply because of societal biases towards certain groups.

Racial Projects

Racial Projects encompass the socio-political processes that classify human bodies into racial categories, assigning meaning and value, which influence social structures and identities.

Cultural Representations

Refers to how cultures and their practices, beliefs, and values are depicted and interpreted through various forms of media and art.