9. a. Obtain the linear trend equation for the following data on new checking accounts at Fair Sav Bank and use it to predict expected new checking accounts for periods 16 through 19. Period New Accounts Period New Accounts Period New Accounts 200 232 11 281 214 248 12 275 3. 211 8. 250 13 280 4. 228 253 14 288 235 10 267 15 310 b. Use trend-adjusted smoothing with a = .3 and B = .2 to smooth the new account data in par What is the forecast for period 16? %3D

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Chapter Three Forecasting
9. 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.
Period
New Accounts
Period
New Accounts
Period
New Accounts
1
200
6.
232
11
281
214
248
12
275
211
8.
250
13
280
4.
228
9.
253
14
288
235
10
267
15
310
b. Use trend-adjusted smoothing with a = .3 and B = .2 to smooth the new account data in
What is the forecast for period 16?
part a.
Transcribed Image Text:Chapter Three Forecasting 9. 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. Period New Accounts Period New Accounts Period New Accounts 1 200 6. 232 11 281 214 248 12 275 211 8. 250 13 280 4. 228 9. 253 14 288 235 10 267 15 310 b. Use trend-adjusted smoothing with a = .3 and B = .2 to smooth the new account data in What is the forecast for period 16? part a.
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