Question: A cheque - processing centre uses exponential smoothing to forecast the number of incoming cheques each month. The number of cheques received in June was

A cheque-processing centre uses exponential smoothing to forecast the number of incoming cheques each month. The number of cheques received in June was 42million, while the forecast was 42 million. A smoothing constant of 0.25 is used.
Part 2
a) Using exponential smoothingLOADING... and given alpha, the forecast for the month of Julyequals
42 million cheques received. (Round your response to one decimal place.)
Part 3
b) If the cheque-processing centre received 46 million cheques in the month of July, then using exponential smoothing and given alpha, the forecast for the month of Augustequals
enter your response here million cheques received. (Round your response to one decimal place.)

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