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Problem 3-9 (Static) a. Obtain the linear trend equation for the following data on new checking accounts at Fair Savings Bank and use it
Problem 3-9 (Static) 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. (Round your intermediate calculations and final answers to 2 decimal places.) Period New Accounts 1 200 Period 6 New Accounts Period New Accounts 232 11 281 2 214 7 248 12 275 3 211 250 13 280 228 9 253 14 288 235 10 267 15 310 Click here for the Excel Data File Y Y16 Y17 Y18 Y19 b. Use trend-adjusted smoothing with a 0.3 and Compute the initial trend estimate (Te) for Period 5 as foll 0.2 to smooth the new account data in part a. What is the forma
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