Income at the architectural firm Spraggins and Yunes for the period February to July was as follows:
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Income at the architectural firm Spraggins and Yunes for the period February to July was as follows:
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March Apil May June July February 75.0 Month Income ($000's) 71.5 66.4 72.3 73.5 74.0 Assume that the initial forecast for February is 70.0 (in $ thousands) and the initial trend adjustment is 0. The smoothing constants selected are a = 02 and =0.3. Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is 72.61 thousand dollars (round your response to two decimal places) The mean squared error (MSE) for the forecast developed using trend-adjusted exponential smoothing is (thousand dollars) (round your response to two decimal places). March Apil May June July February 75.0 Month Income ($000's) 71.5 66.4 72.3 73.5 74.0 Assume that the initial forecast for February is 70.0 (in $ thousands) and the initial trend adjustment is 0. The smoothing constants selected are a = 02 and =0.3. Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is 72.61 thousand dollars (round your response to two decimal places) The mean squared error (MSE) for the forecast developed using trend-adjusted exponential smoothing is (thousand dollars) (round your response to two decimal places).
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