Question: a) Based on the given monthly sales data, it can be said that there is linear trend in sales over time. b) First, co-owner Bob

a) Based on the given monthly sales data, it can be

a) Based on the given monthly sales data, it can be said that there is linear trend in sales over time. b) First, co-owner Bob Day wants to forecast by exponential smoothing by initially setting February's forecast equal to January's sales with =0.10. Using the forecasting method, Bob's forecast for the month of May is (round your response to two decimal places)

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