Income at the architectural firm Spraggins and Yunes for the period May to July was as...
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Income at the architectural firm Spraggins and Yunes for the period May to July was as follows: Month May June July Income (in $ thousand) 90.3 91.5 96.0 Assume that the initial forecast for May is 85,300 and the initial trend adjustment is 0. The smoothing constants selected are x = 0.2 and = 0.2. Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is thousand dollars. (Round your response to two decimal places.) Income at the architectural firm Spraggins and Yunes for the period May to July was as follows: Month May June July Income (in $ thousand) 90.3 91.5 96.0 Assume that the initial forecast for May is 85,300 and the initial trend adjustment is 0. The smoothing constants selected are x = 0.2 and = 0.2. Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is thousand dollars. (Round your response to two decimal places.)
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