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Income at the law firm for the period February to July was as follows in the chart. Use trend-adjusted exponential smoothing to forecast the law...
Income at the law firm for the period February to July was as follows in the chart. Use trend-adjusted exponential smoothing to forecast the law firm’s August income. Assume that the initial forecast for February is $65,000 and the initial trend adjustment is 0. The smoothing constants selected are andMonth