Using the index (with 1985=100) on housing starts in the US per year from 1986 to 1997 given in the


Question: Using the index (with 1985=100) on housing starts in the US per year from 1986 to 1997 given in the table below, forecast the index for 1998 using a three-year and a five-year moving average. Which of your estimates is better if the actual index of housing starts in the US for 1998 is 163?

\[\begin{aligned} & \text{1985}=\text{1}00 \\ & \text{1998}=\text{163} \\ \end{aligned}\]
1986 1987 1988 1989 1990 1991
116 122 121 121 111 97
1992 1993 1994 1995 1996 1997
113 125 146 142 156 162
Price: $2.99
See Solution: The solution consists of 2 pages
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