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Problem 3 - 7 ( Algo ) Freight car loadings over an 1 8 - week period at a busy port are as follows: Week

Problem 3-7(Algo)
Freight car loadings over an 18-week period at a busy port are as follows:
Week Number Week Number Week Number
1400746513575
2415849514580
3430952515610
44151051016625
54301154017640
64351257018655
Click here for the Excel Data File
a. Determine a linear trend line for expected freight car loadings. (Round your intermediate calculations and final answers to 2 decimal places.)
b. Use the above trend equation to predict expected loadings for Weeks 20 & 21.(Round your final answers to 2 decimal places.)
c. The manager intends to install new equipment when the volume exceeds 980 loadings per week. Assuming the current trend continues, in which week (at the earliest) should the loading volume reach that level? (Use the rounded answers, as required, from any previous part of this problem. Do not round any other intermediate calculations. Round your final answer to 2 decimal places.)

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