$14$

Submitted

the linear trend equation for the following data on new checking accounts at Fair Savings Bank and use it to predict places.$)$

b$.$ Use trend$-$adjusted smoothing with $a=\mathrm{.}2$ and $=\mathrm{.}1$ to smooth the new account data in part $a.$ What is the forecast for period $16?$ Compute the initial trend estimate $(T_t)$ for Period $5$ as follows: $($Period $4$ data $-$ Period $1$ data$)\frac{?}{3}.$ Then compute the initial trend$($including the $S_t$ value for Period $5)$ using the textbook formulas or Excel template. $($Round the "Trend"values $($Tt$)$ to $3$ decimal places and all other intermediate forecast values $($TAFt and $St$ to $2$ decimal places. Round your final answer to $2$ decimal places.$)$