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1. Consider the following annual sales data for a local company: (a) Which time period does t = 3 refer to? (b) What is the

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1. Consider the following annual sales data for a local company: (a) Which time period does t = 3 refer to? (b) What is the value of ya? (c) What is the naive forecast for 2022? (d) Compute the sales forecast for 2022 based on a moving average model with span w = 4

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