Question: complete answer please Solve manually. a. Income at the law firm Smith and Wesson for the period February to July was as follows: Mar Apr

complete answer please

Solve manually. a. Income at the law firm Smith and Wesson for the period February to July was as follows: Mar Apr May June July Month Feb Income (in $ 70.00 thousand) 68.50 64.30 71.70 71.30 72.8 Use trend-adjusted exponential smoothing to forecast the law firm's August income. Assume that the initial forecast for February is $65,000 and the initial trend adjustment is 0. The smoothing constants selected are alpha = 0.1 and beta = 0.2 =

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