Question: Questions: 1 . ( a ) Linear Trend - find forecast for periods 1 6 to 2 0 ( find the value of a and

Questions:
1.(a) Linear Trend-find forecast for periods 16 to 20(find the value of a and b followed by defining a linear trend equation, and then use it for forecasting periods 16 to 10) and (b) Trend adjusted exponential smoothing, Use =.4 and =.3- find forecast for period 16.(20 points)
Use Excel to verify your answer but show intermediate steps to receive full credit.
a. t Y (Data) t*Y t2
12002001
22144284
32116339
422891216
52351,17525
62221,33236
72481,73649
82502,00064
92532,27781
102672,670100
11281
12275
13280
14288
15310
Part (b) Initial Trend =
Period Actual St-1+ Tt-1= TAFt St = TAFt +.4(A TAFt) Tt = Tt1+.3(TAFt TAFt1 Tt1)
5
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10
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16

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