Question: please write it step by step so i can understand. where is everyone getting the 0.9??? Forecast-5 L-125 Income at the law firm of Smith
please write it step by step so i can understand. where is everyone getting the 0.9???
Forecast-5 L-125 Income at the law firm of Smith and Wesson for the period February to July was as follows: wolol Month Income (in $ thousands) February March April May June July 70.0 68.5 64.8 71.771.3 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 a = 0.1 and B = 0.2
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