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The table below shows manufacturing hourly earnings for a region over a period of 8 months. Use the?Holt-Winters procedure with smoothing constants ?=0.2 and ?=0.4

The table below shows manufacturing hourly earnings for a region over a period of 8 months. Use the?Holt-Winters procedure with smoothing constants ?=0.2 and ?=0.4 to obtain forecasts for the next 3 months.

Month Hourly Earnings

1 10.53

2 10.67

3 10.49

4 10.66

5 10.63

6 10.73

7 10.72

8

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Find the forecasted values for the next three months. Complete the table below. Month Hourly Earnings 9 D 10 D 11 D (Round to two decimal places as needed.)

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