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Assume that the initial forecast for February is 70.0 (in $ thousands) and the initial trend adjustment is 0 . The smoothing constants selected are

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Assume that the initial forecast for February is 70.0 (in $ thousands) and the initial trend adjustment is 0 . The smoothing constants selected are =0.1 and =0.9. Using trend-adjusted exponential smoothing, the forecast for the law firm's August income is thousand dollars (round your response to two decimal places)

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