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7. Using the nave method of time series analysis, what is the forecast for the period t = 3 with this data? Period Actual 1

7. Using the nave method of time series analysis, what is the forecast for the period t = 3 with this data? Period Actual 1 100 2 225 3 _?_ a. 325 b. 350 c. 125 d. -12

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