Question: QUESTION 4 12 points Save Ar Average starting salaries for students using a placement service at a university have been steadily increasing A study of

 QUESTION 4 12 points Save Ar Average starting salaries for students

QUESTION 4 12 points Save Ar Average starting salaries for students using a placement service at a university have been steadily increasing A study of the last four graduating classes indicates the following average salaries: $60,000, $72,000, $84,500, and $96,000 (last graduating class). Predict the starting salary for the next graduating class using a simple exponential smoothing model with a = 0.40. Assume that the initial forecast was $58,000. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt v V V A T . . . E E E X2 X2 - + ABC V 1 1 9 0 X EXE TT () O (? + Save All Answers Save an

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