(Solved) The table below is the data set of the Shiller Real Home Price Index for the years 1985-2000.

lihui

wrote...

Go to Answer

Posts: 487

Rep:

4 years ago

The table below is the data set of the Shiller Real Home Price Index for the years 1985-2000.

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 1985-2000.

Year	Price Index
1985	107.7450408
1986	111.1730909
1987	118.9245131
1988	122.8489601
1989	127.5113167
1990	126.4770851
1991	116.3061973
1992	114.7016125
1993	111.3212039
1994	111.4965192
1995	110.2706524
1996	109.924555
1997	109.6386511
1998	113.0744612
1999	119.4819042
2000	126.2995915

Setting k = 3, determine the value of the mean absolute deviation.

Textbook

Statistics, Data Analysis, and Decision Modeling

Edition: 5^th

Author: Evans

Read 50 times

5 Replies

Report

Replies

Answer verified by a subject expert

whoohoo8

wrote...

Posts: 386

Rep:

4 years ago

More solutions for this book are available here

Report

Related Topics

baileymeredith

wrote...

4 years ago

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 1985-2000.

Year	Price Index
1985	107.7450408
1986	111.1730909
1987	118.9245131
1988	122.8489601
1989	127.5113167
1990	126.4770851
1991	116.3061973
1992	114.7016125
1993	111.3212039
1994	111.4965192
1995	110.2706524
1996	109.924555
1997	109.6386511
1998	113.0744612
1999	119.4819042
2000	126.2995915

Setting k = 3, determine the value of the mean square of errors.

Report

krobdance

wrote...

4 years ago

Year	X	Price Index	Ft	At - Ft	\|At - Ft\|	(At - Ft)2
1985	1	107.7450408
1986	2	111.1730909
1987	3	118.9245131
1988	4	122.8489601	112.614215	10.234745	10.234745	104.750009
1989	5	127.5113167	117.648855	9.862462	9.862462	97.268157
1990	6	126.4770851	123.09493	3.382155	3.382155	11.438973
1991	7	116.3061973	125.612454	-9.306257	9.306257	86.606413
1992	8	114.7016125	123.431533	-8.729921	8.729921	76.211513
1993	9	111.3212039	119.161632	-7.840428	7.840428	61.472307
1994	10	111.4965192	114.109671	-2.613152	2.613152	6.828564
1995	11	110.2706524	112.506445	-2.235793	2.235793	4.998769
1996	12	109.924555	111.029459	-1.104903	1.104903	1.220812
1997	13	109.6386511	110.563909	-0.925258	0.925258	0.856102
1998	14	113.0744612	109.944620	3.129842	3.129842	9.795909
1999	15	119.4819042	110.879222	8.602682	8.602682	74.006134
2000	16	126.2995915	114.065006	12.234586	12.234586	149.685095

MSE =

= 52.70
The value of the mean square of errors is 52.70.

1 Vote

Redveit123

Report

BenAff

wrote...

4 years ago

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 1985-2000.

Year	Price Index
1985	107.7450408
1986	111.1730909
1987	118.9245131
1988	122.8489601
1989	127.5113167
1990	126.4770851
1991	116.3061973
1992	114.7016125
1993	111.3212039
1994	111.4965192
1995	110.2706524
1996	109.924555
1997	109.6386511
1998	113.0744612
1999	119.4819042
2000	126.2995915

Setting k = 3, determine the value of the mean absolute percentage of error.

Report

kirakira15

wrote...

4 years ago

Year	X	Price Index	Ft	At - Ft	\| At - Ft \|	(At - Ft)2	\|At - Ft/At\|
1985	1	107.7450408
1986	2	111.1730909
1987	3	118.9245131
1988	4	122.8489601	112.614215	10.234745	10.234745	104.750009	0.083312
1989	5	127.5113167	117.648855	9.862462	9.862462	97.268157	0.077346
1990	6	126.4770851	123.09493	3.382155	3.382155	11.438973	0.026741
1991	7	116.3061973	125.612454	-9.306257	9.306257	86.606413	0.080015
1992	8	114.7016125	123.431533	-8.729921	8.729921	76.211513	0.07611
1993	9	111.3212039	119.161632	-7.840428	7.840428	61.472307	0.070431
1994	10	111.4965192	114.109671	-2.613152	2.613152	6.828564	0.023437
1995	11	110.2706524	112.506445	-2.235793	2.235793	4.998769	0.020276
1996	12	109.924555	111.029459	-1.104903	1.104903	1.220812	0.010051
1997	13	109.6386511	110.563909	-0.925258	0.925258	0.856102	0.008439
1998	14	113.0744612	109.944620	3.129842	3.129842	9.795909	0.027679
1999	15	119.4819042	110.879222	8.602682	8.602682	74.006134	0.072
2000	16	126.2995915	114.065006	12.234586	12.234586	149.685095	0.09687

MAPE =

× 100 =

× 100 = 5.17
The value of the mean absolute percentage of error is 5.17.

Report

New Topic

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.