Question: THIS IS THE PREVIOUS PROBLEM. I NEED THE SECOND ANSWER AS WELL. Assume that the initial forecast for February is 85.0 (in $ thousands) and

THIS IS THE PREVIOUS PROBLEM. I NEED THE SECOND

THIS IS THE PREVIOUS PROBLEM. I NEED THE SECOND ANSWER AS WELL.

THIS IS THE PREVIOUS PROBLEM. I NEED THE SECOND

Assume that the initial forecast for February is 85.0 (in $ thousands) and the initial trend adjustment is 0 . The smoothing constants selected are =0.1 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). Assume that the initial forecast for February is 30.0 (in $ thousands) and the initial trend adjustment is 0 . The smoothing constants selected are =0.1 and =0.3. Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is thousand dollars (round your response to two decimal places). The mean squared error (MSE) for the forecast developed using trend-adjusted exponential smoothing is (thousand dollars) 2 (round your response to two decimal places)

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