Question: table [ [ 2 0 1 6 , 7 7 ] , [ 2 0 1 7 , 8 5 ] , [ 2

\table[[2016,77],[2017,85],[2018,94],[2019,96],[2020,100],[2021,93],[2022,104],[2023,109]]
You want to forecast the average number of economy class passengers per flight for this year (2024). Upload an excel sheet showing your calculations and clearly labeled answers to the following questions:
a) What would be the forecast for this year (2024) using the last-value forecasting method?
b) What would be the forecast for this year (2024) using the averaging forecasting method?
c) Determine the forecast for this year (2024) using the simple moving-average method, where the average calculation is based on data for the past five years.
d) Determine the forecasts for the past 12 years using exponential smoothing with trend. Use 5 as the value for the first trend, and use 65 as the value for the first smoothed forecast. Use smoothing constants alpha =0.2 and beta =0.25. Calculate MAD, MSE, and MAPE. What would be the forecast for this year (2024)?
e) Use regression to develop a forecast for this year (2024)?
 \table[[2016,77],[2017,85],[2018,94],[2019,96],[2020,100],[2021,93],[2022,104],[2023,109]] You want to forecast the average number of economy class

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