The numbers of bank failures for the years 2007 through 2011 are given below. (Round the final
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The numbers of bank failures for the years 2007 through 2011 are given below. (Round the final answers to 1 decimal place.)
Year | Code | Number of Failures |
2007 | 1 | 79 |
2008 | 2 | 115 |
2009 | 3 | 154 |
2010 | 4 | 184 |
2011 | 5 | 207 |
a. Determine the least squares equation.
Y'= + t
b. Estimate the number of failures in 2016.
n =
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