Question: 2. Forecasts based on averages. Given the following data: Number of Complaints Period HNM in Prepare a forecast using each of these approaches: a. The

2. Forecasts based on averages. Given the

2. Forecasts based on averages. Given the following data: Number of Complaints Period HNM in Prepare a forecast using each of these approaches: a. The appropriate nave approach. b. A three-period moving average. C. A weighted average using weights of 0.50 (most recent), then 0.30, and 0.20. d. Exponential smoothing with a smoothing constant of 0.40

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