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Income at the architectural firm Spraggins and Yunes for the period May to July was as follows: Assume that the initial forecast for May is
Income at the architectural firm Spraggins and Yunes for the period May to July was as follows: Assume that the initial forecast for May is and the initial trend adjustment is The smoothing constants selected are alpha and beta Using trendadjusted exponential smoothing, the forecast for the architectural firm's August income is thousand dollars. Round your response to two decimal places.
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