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 Icirc plusmn 3 and Icirc sup2 2 to smooth the new account data in part a What is the forecast for period16 Period Accounts Period Accounts Period Accounts 281 214 211 12 13 248 10 267 15 310

Question: 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

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 Î± = .3 and Î² = .2 to smooth the new account data in part a. What is the forecast for period16?

Period Accounts Period Accounts Period Accounts 281 214 211 12 13 248 10 267 15 310

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