Create a trend enhanced smoothing based forecast

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Reference no: EM131919688

Question: Calculate the slope and intercept for the data in problem using simple linear regression. You may want to use an Excel spreadsheet to check your answer.

Problem: Given the data shown below, use a = .2 and b = .4 to create a trend enhanced smoothing based forecast for period 7. Assume that FIT 1 = 22 and T 1 = 7.83.

Reference no: EM131919688

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