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A simple exponential smoothing model ( = 0.3) is used to forecast the number of movies rented at a video store each month. The actual

A simple exponential smoothing model (

= 0.3) is used to

forecast the number of movies rented at a video store each month.

The actual number of video rentals in August was 3000 and the

forecast number of rentals for September is 2800. What was the

forecast number of rentals for August?

(5 points - show work)

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