Question: I need both answers! Acheck processing center les exponential smoothing to forecast the number of incoming checks each month The number of checks received in

I need both answers!

Acheck processing center les exponential smoothing to forecast the number of incoming checks each month The number of checks received in June was 38 milion while the forecast was 42 million. A smoothing constant of 0.25 is used a) Using exponential smoothing and given a, the forecast for the month of July = million checks received (round your response to one decimal place) b) if the check processing center received 45 milion checks in the month of July, then using exponential smoothing and given a the forecast for the month of August million checks received (round your response to one decimal place)

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