An electrical contractors records during the last five weeks indicate the number of job requests: Week 1
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An electrical contractor’s records during the last five weeks indicate the number of job requests:
Week 1 2 3 4 5 Requests 20 22 18 21 22 Predict the number of requests for week 6 using each of these methods:
a. Naive
b. A four-period moving average
c. Exponential smoothing with α = .30; use 20 for week 2 forecast
LO.1
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