Question: ( 1 ) Obtain the linear trend equation for the following data on new checking accounts at Fair Saving Bank and use it to predict

(1) Obtain the linear trend equation for the following data on new checking accounts at Fair
Saving Bank and use it to predict new checking accounts for periods 16 to 19.
Period New Accounts Period New Accounts Period New Accounts
1200623211281
2214724812275
3211825013280
4228925314288
52351026715310
(2) Use Holts method with 4=228,4=9.33,=0.3 and =0.2 to smooth the new
account data in part (1). What is the forecast for period 16?

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