Community Federal Bank in Dothan, Alabama, recently increased
its fees to customers who use employees as tellers. Management is
interested in whether its new fee policy has increased the number
of customers now using its automatic teller machines to that point
that more machines are required. The following table provides the
number of automatic teller transactions by week. Use trend
projection with regression to forecast usage for weeks 13
Community Federal Bank in Dothan, Alabama, recently increased its fees to customers who use employees as tellers. Management is interested in whether its new fee policy has increased the number of customers now using its automatic teller machines to that point that more machines are required. The following table provides the number of automatic teller transactions by week. Use trend projection with regression to forecast usage for weeks 13-16. Q Period 1 3 8 9 10 11 12 2 Transactions 717 718 834 4 5 6 7 642 694 737 776 714 725 834 834 665 Obtain the trend projection with regression forecast. (Enter your responses rounded to the nearest whole number.) Period Forecast, Ft 13 14 15 16 ☐☐☐☐
Community Federal Bank in Dothan, Alabama, recently increased its fees to customers who use employees as tellers. Manag
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am