Question

Freight car loadings over an 18-week period at a busy port are as follows: Week Number Week Number Week Number 1 13 230 250 2

a. Obtain the linear trend equation for the following data on new checking accounts at Fair Savings Bank and use it to predic

b. Use trend-adjusted smoothing with a 2 and B 1 to smooth the new account data in part a. What is the forecast for period 16

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Answer #1

(a) The euation from the excel is

Y = 25.077x+172.88

2 M AB AC AD AE AF AG AH AI AJ AK AL AM Week Number 1 Number 2 250 y 25.077 17288... SEEDS 98 Q ENG UK 22/09 op

Y20 = 674.42

Y21 = 699.49

When Yt = 810, t will be

810-172.88 / 25.077 = 25.4

2

(a)

The euation is Y =7.3107x+194.25 from excel

Number y=7.3107x + 194.25... 2 4 6 8 10 12 14 16

Y16 = 311.22

Y17 =318.53

Y18 =325.84

Y19 = 333.15

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