a. Obtain the linear trend equation for the following data on new checking occounts 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.) CHick hete for the Excel Dato File Answer is complete and correct. b. Use trend-adjusted smoothing with =0.3 and =0.2 to smooth the new account data part a. What is the forecast for period 16 ? Compute the initial trend estimate (Tt) for Period 5 as follows: (Period 4 data - Period 1 dato) /3. Then compute the initial trendadjusted forecast (TAF,) for Period 5 as follows. Period 4 data + Initial trend estumate for Period 5 . Then compute all remaining values (including the St value for Period 5) using the textbook formulas or Excel template. (Round the "Trend" values to 3 decimal places and other values to 2 decimal places for intermediate calculations. Round your final answer to 2 decimal places.)
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