Question: An electrical contractor's records during the last five weeks indicate the number of job requests: Week: 1 2 3 4 5 Requests: 22 30 22
An electrical contractor's records during the last five weeks indicate the number of job requests: Week: 1 2 3 4 5 Requests: 22 30 22 29 24
Predict the number of requests for week 6 using each of these methods:
a. Naive.
b. A four-period moving average. (Round your answer to 2 decimal places.)
c. Exponential smoothing with = 0.25. Use 21 for week 2 forecast. (Round your intermediate forecast values and final answers to 2 decimal places.)
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