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Given the following data: Period Number of complaints 1 60 2 65 3 55 4 58 5 64 forecast using each of these approaches: (a)

Given the following data:

Period Number of complaints

1 60

2 65

3 55

4 58

5 64

forecast using each of these approaches:

(a) The nave approach

(b) A 3 - period moving average

(c) Exponential smoothing with a smoothly constant of 0.40.

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