Question: B) The mean squared error (MSE) for the forecast developed using trend-adjusted exponential smoothing is _ (thousand dollars) 2 (Round your response to two decimal

B) The mean squared error (MSE) for the forecastB) The mean squared error (MSE) for the forecast developed using trend-adjusted exponential smoothing is _ (thousand dollars)2 (Round your response to two decimal places)

Income at the architectural firm Spraggins and Yunes for the period February to July was as follows: Month February March April May June July Income ($000's) 35.0 32.6 28.1 26.3 34.5 32.0 Assume that the initial forecast for February is 30.0 (in $ thousands) and the initial trend adjustment is 0. The smoothing constants selected are a = 0.2 and B = 0.9. Using trend-adjusted exponential smoothing, the forecast for the law firm's August income is thousand dollars (round your response to two decimal places)

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