Question: please me solve this! thumbs up Obtain the linear trend equation for the following data on new checking accounts at Fair Savings Bank and use
please me solve this! thumbs up
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 intermediote calculations and final answers to 2 decim places.) Answer is complete but not entirely correct. b. Use trend-adjusted smoothing with =.2 and =1 to smooth the new account data in part a. What is the forecast for period 16 ? Compute the initial trend estimate (T2) for Period 5 as follows: (Period 4 data - Period 1 data) / 3. Then compute the initlal trend adjusted forecast (TAF ) for Period 5 as follows: Period 4 data + Initial trend estimate for Period 5. Then compute all remaining values (including the St 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.)

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