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The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data: Year Enrollments 5

The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:

Year Enrollments
5 Years ago 900
4 Years ago 700
3 Years ago 600
2 Years ago 500
Last Year 300

What is the forecast for this year using exponential smoothing with alpha = 0.4, if the forecast for two years ago was 750?

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