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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. Period 1 2 3 4 5 6 Transactions 717 717 829 640 685 732 7 783 Obtain the trend projection with regression forecast. (Enter your responses rounded to the nearest whole number.) Period Forecast, F₂ 13 TT 14 15 16 8 9 709 722 10 836 11 831 12 669

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. Period 1 2 3 4 5 6 Transactions 717 717 829 640 685 732 7 783 Obtain the trend projection with regression forecast. (Enter your responses rounded to the nearest whole number.) Period Forecast, F₂ 13 TT 14 15 16 8 9 709 722 10 836 11 831 12 669

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 23PPS
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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. 1 2 4 6 3 5 717 717 829 640 685 732 Obtain the trend projection with regression forecast. (Enter your responses rounded to the nearest whole number.) Period 13 14 Period Transactions 15 16 7 783 Forecast, F₂ 8 709 9 722 10 836 D 11 12 831 669
Transcribed Image Text: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. 1 2 4 6 3 5 717 717 829 640 685 732 Obtain the trend projection with regression forecast. (Enter your responses rounded to the nearest whole number.) Period 13 14 Period Transactions 15 16 7 783 Forecast, F₂ 8 709 9 722 10 836 D 11 12 831 669
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