Community Federal Bank in Dothan, Alabama, recently increased its fees to customers who use employees as...
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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 Transactions 721 1 2 3 4 5 6 7 8 9 10 11 12 724 830 634 693 738 774 714 726 830 832 666 Forecast, Ft Obtain the trend projection with regression forecast. (Enter your responses rounded to the nearest whole number.) Period 13 14 56 15 16 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 Transactions 721 1 2 3 4 5 6 7 8 9 10 11 12 724 830 634 693 738 774 714 726 830 832 666 Forecast, Ft Obtain the trend projection with regression forecast. (Enter your responses rounded to the nearest whole number.) Period 13 14 56 15 16
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