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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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