Question: a) Obtain the linear trend equation for the following data on new checking accounts at Fair Savings Bank and us it to predict expected new

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



PeriodNew AccountsPeriodNew AccountsPeriodNew Accounts
1200623211281
2214724812275
3211825013280
4228925314288
52351026715310



b) Use trend-adjusted smoothing with α\' tabindex="0">αα = .3 and β\' tabindex="0">ββ = .2 to smooth the new account data in part a. What is the forecast for period 16?

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