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Consider the following data: Month Feb-14 Monthly Profit of an Auto Repair Shop Jul-14 Aug-14 Sep-14 17,200 19,142 18,457 20,242 Jan-14 Mar-14 Apr-14 May-14
Consider the following data: Month Feb-14 Monthly Profit of an Auto Repair Shop Jul-14 Aug-14 Sep-14 17,200 19,142 18,457 20,242 Jan-14 Mar-14 Apr-14 May-14 Jun-14 Profit ($) 16,012 16,162 14,955 17,016 18,663 Step 3 of 4: Determine the exponential smoothing forecast for the next time period using a smoothing constant of 0.40. If necessary, round your answer to one decimal place. Answer Tables Keypad Keyboard Shortcuts
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