only, explain which of the following forecasting method would you recommend: the Naïve method, the Average method, or the Simple exponential smoothing method (assuming alpha=0.8 and initial state o

please answer all parts of the question within 30 minutes with detailed explanation. Make sure calculation form part of the answer and are in details for better understanding. If calculations are not shown or are poorly done i will surely give negative ratings.

Researchers often rely on surveys to capture a subjective assessment of well-being. One study finds that holding everything else constant, people seem to be least happy when they are in their 40's. Another study suggests that money does buy happiness, but its effects diminishes as income rises above $75000 a year. The accompanying data file includes survey daa of 100 working adults' self-assessed happiness on a scale of ) to 100, along with their age and annual income. Estimate and interpret a regression model based on Age, Age 2 and income. Predict happiness with income equal = to $80000 and age equal to 30, 45, and 60 Years Predict happiness with Age equal = to 60  and income equal to 25,000, 75000, and 125000   Happiness Age Income 69 49 52000 83 47 123000 86 72 112000 73 52 166000 89 68 90000 81 37 152000 75 48 58000 56 48 50000 75 56 93000 57 51 27000 77 60 173000 83 55 173000 85 75 68000 82 69 157000 63 39 40000 70 66 107000 78 34 109000 53…

I have this much done, but need help with E, i,ii,iii Which asks: Choose a year other than the one from part 2c. A birth year or the first year might be a good choice(I picked 1990) .i.    Use the trend line equation to estimate the y-value for the year of your choice. Find the relative change in the y-value for your chosen year compared to the last year’s value you found in part 2c iii.    Interpret the meaning of your relative change value.    F.Should we use the trend line model to estimate the y-value for 2020? Why or why not?  Note: Hey there! Thank you for the question. As you have posted multiple sub-parts, we have helped you solve the first three parts, according to our policy. Please re-post the other parts with complete background information. Step 2 Calculation: As it is required to build a scatterplot with a trendline, we need to use Excel, where this feature is available. The independent or predictor variable is year, which we have denoted as x, and the dependent…