2.

Obtain the linear trend equation for the following data on new checking accounts at Fair Saving Bank and use it to predict new checking accounts for periods 16 to 19.

Use trend-adjusted exponential smoothing with !=228, !=9.33, =0.3and =0.2to smooth the new account data in part (1). What is the forecast for period 16?

Period New Accounts Period New Accounts Period New Accounts 200 6 232 11 281 214 7 248 12 275 211 8 250 13 280 228 9 253 14 288 235 267 15 310 1 2 3 4 5 3 5 10