Question: The U . S . monthly inflation rate for 2 0 2 0 is shown below: table [ [ MONTH , INFLATION ( %

The U.S. monthly inflation rate for 2020 is shown below:
\table[[MONTH,INFLATION (%),MONTH,INFLATION (%)],[January,2.5,July,1.0],[February,2.3,August,1.3],[March,1.5,September,1.4],[April,0.3,October,1.2],[May,0.1,November,1.2],[June,0.7,December,1.4]]
a. Compute the inflation rate for January 2021 using the exponential smoothing forecast using a=0.4 and then using 0.6. Assume that the forecast for January 2020 is 2.5. Do not round intermediate calculations. Round your answers to three decimal places.
\table[[Forecast (January 2021,a=0.4):,%
 The U.S. monthly inflation rate for 2020 is shown below: \table[[MONTH,INFLATION

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