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Problem 3-9 (Algo) a. Obtain the linear trend equation for the following data on new checking accounts at Fair Savings Bank and use it to
Problem 3-9 (Algo)
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. (Round your intermediate calculations and final answers to 2 decimal places.)
Period | New Accounts | Period | New Accounts | Period | New Accounts |
1 | 200 | 6 | 239 | 11 | 281 |
2 | 212 | 7 | 241 | 12 | 275 |
3 | 211 | 8 | 250 | 13 | 281 |
4 | 222 | 9 | 258 | 14 | 288 |
5 | 235 | 10 | 267 | 15 | 316 |
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