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. (Round your Intermediate calculations and final answers to 2 decimal places.) Period 1 New Accounts Periode Accounts Period New Accounts 234 . 11281 217 2 241 12 275 211 8 250 13 224 9 258 14 288 235 le 267 15 313 288 Y YAG Y17 YO Y19 b.Use trend-adjusted smoothing with a - 2 and 3 - 1 to smooth the new account dato in parto what is the forecast for period 16? Compute the initial trend estimate (Te) for Period 5 as follows: (Period 4 dato - Period 1 data)/3. Then compute the initial trend adjusted forecast (TAFe) for Period 5 as follows: Period 4 data - Initial trend estimate for period 5 Then compute all remaining values (including the S, value for Period 5) using the textbook formulas or Excel template (Round the Trend values (TV to 3 decimal places and all other intermediate forecast values (TAPt and Stl to 2 decimal places. Round vour final answer to? deri

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