Question: A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 40 million,

A check-processing center uses exponential smoothing to forecast the number of

A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 40 million, while the forecast was 42 million. A smoothing constant of 0.2 is used. What is the forecast for July

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