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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

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
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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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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