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a . Obtain the linear trend equation for the following data on new checking accounts at Fair Savings Bank and use it to predict expected
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 through Round your intermediate calculations and final answers to decimal places.
Period New Accounts Period New Accounts Period New Accounts
b Use trendadjusted smoothing with alpha and beta to smooth the new account data in part a What is the forecast for period Compute the initial trend estimate Tt for Period as follows: Period data Period data Then compute the initial trendadjusted forecast TAFt for Period as follows: Period data Initial trend estimate for Period Then compute all remaining values including the St value for Period using the textbook formulas or Excel template. Round the "Trend" values to decimal places and other values to decimal places for intermediate calculations. Round your final answer to decimal places.
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