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come at the law firm of Smith and Jones for the period February to July was as follows Month Income (in $ thousand) February 700
come at the law firm of Smith and Jones for the period February to July was as follows Month Income (in $ thousand) February 700 March 68.5 April 64.8 May 71.7 June 71.3 July 72.8 thou: Assume that the initial forecast for February is $65.000 and the initial trend adjustment is 0 The smoothing constants selected are a = 0 1 and B=0 2 Using trend adjusted exponential smoothing, the forecast for the law firm's August income = dollars (round your response to two decimal places). ter answer box and then click Check
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