Question: PLEASE SHOW WORK, NO EXCEL PLEASE :) 2. a. Obtain the linear trend equation for the following data on new checking accounts at Fair Savings
PLEASE SHOW WORK, NO EXCEL PLEASE :)
2. 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. Period 1 2 3 4 5 New Accounts 199 213 210 227 234 Period 6 7 8 9 10 New Accounts 231 247 251 252 266 Period 11 12 13 14 15 New Accounts 280 274 279 287 309 b. Use trend-adjusted smoothing with a = .3 and = .2 to smooth the new account data in part a. What is the forecast for period 16
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