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1.Calculate a three-year moving average of single family mortgages originated beginning with 1993. Construct a graph which shows the actual values and the forecast values.
1.Calculate a three-year moving average of single family mortgages originated beginning with 1993. Construct a graph which shows the actual values and the forecast values. Calculate the mean absolute error of your forecast.
Single-Family Mortgages | Single-Family ARMs | Single-Family FRMs | Conventional | Conventional ARMs | |
1990 | $458,440 | $127,640 | $330,800 | $380,513 | $127,031 |
1991 | $562,074 | $135,015 | $427,059 | $498,482 | $132,210 |
1992 | $893,666 | $204,722 | $688,944 | $828,767 | $195,818 |
1993 | $1,019,861 | $236,207 | $783,654 | $925,009 | $222,191 |
1994 | $773,121 | $308,212 | $464,909 | $630,767 | $281,279 |
1995 | $639,430 | $231,807 | $407,623 | $568,394 | $213,162 |
1996 | $785,329 | $238,517 | $546,812 | $678,414 | $217,436 |
1997 | $859,120 | $223,547 | $635,573 | $755,478 | $196,255 |
1998 | $1,450,000 | $236,231 | $1,213,769 | $1,301,470 | $224,595 |
1999 | $1,310,000 | $317,788 | $992,212 | $1,134,304 | $309,330 |
2000 | $1,048,000 | $311,349 | $736,651 | $929,094 | $301,852 |
2001 | $2,215,000 | $367,959 | $1,847,041 | $2,044,186 | $363,673 |
2002 | $2,885,000 | $613,885 | $2,271,115 | $2,696,939 | $600,096 |
2003 | $3,945,000 | $838,689 | $3,106,311 | $3,710,699 | $823,961 |
2004 | $2,920,000 | $1,136,216 | $1,783,784 | $2,787,437 | $1,115,660 |
2005 | $3,120,000 | $1,101,952 | $2,018,048 | $3,032,879 | $1,094,345 |
2006 | $2,980,000 | $922,728 | $2,057,272 | $2,895,378 | $920,723 |
2007 | $2,430,000 | $401,886 | $2,028,114 | $2,330,972 | $400,553 |
2008 | $1,500,000 | $133,098 | $1,366,902 | $1,218,606 | $127,572 |
2009 | $1,780,000 | $44,990 | $1,735,010 | $1,419,384 | $43,830 |
2010 | $1,880,000 | $124,098 | $1,456,010 | $1,284,652 | $45,860 |
2011 | $1,876,000 | $186,753 | $1,856,020 | $1,384,560 | $56,860 |
2012 | $1,780,000 | $124,098 | $2,028,114 | $1,419,384 | $1,094,345 |
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