Question: a Obtain the linear trend equation for the following data

a. Obtain the linear trend equation for the following data on new checking accounts at Fair Savings Bank and use it to predict expected new checking accounts for periods 16 through 19.


b. Use trend-adjusted smoothing with α = .3 and β = .2 to smooth the new account data in part a. What is the forecast for period16?


Sale on SolutionInn
Sales4
Views542
Comments
  • CreatedDecember 30, 2014
  • Files Included
Post your question
5000