Question

Shown below are dollar figures for commercial and industrial loans at all commercial banks in the United States as recorded for the month of April during a recent 9-year period and published by the Federal Reserve Bank of St. Louis. Plot the data, fit a trend line, and discuss the strength of the regression model. In addition, explore a quadratic trend and compare the results of the two models.
Year ... Loans ($ billions)
1 ..... 741.0
2 ..... 807.4
3 ...... 871.3
4 ..... 951.6
5 ...... 1,033.6
6 ..... 1,089.8
7 ...... 1,002.6
8 ...... 940.8
9 ..... 888.5



$1.99
Sales0
Views21
Comments0
  • CreatedFebruary 19, 2015
  • Files Included
Post your question
5000