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A State University Credit Union handles saving accounts and makes loans to members. In order to plan its investment strategies, the credit union needs to

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A State University Credit Union handles saving accounts and makes loans to members. In order to plan its investment strategies, the credit union needs to forecast monthly loan requests. Monthly Loan requests were recorded for the last 25 months and are presented in the table at the bottom of this page. Answer the following questions: a. Obtain the regression equation to predict monthly loans. Write it down here. (i) What does the slope of this equation tell you in this particular problem? a. The slope is the value of the time series at t=0 b. The slope = 25.19. Along with the intercept we can calculate the rate of change of the time series as 9932412519 c. With the slope we can test the presence of trend. Since bl = 25.19, it is clear that betal is not zero. d. None of the above

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