Question: Obtain the linear trend equation for the following data. Use the linear trend equation to predict expected new accounts for periods 16 through 19. (Round
Obtain the linear trend equation for the following data.
Use the linear trend equation to predict expected new accounts for periods 16 through 19. (Round your intermediate calculations and final answers to 2 decimal places.)
| Period | New Accounts | Period | New Accounts | Period | New Accounts |
| 1 | 200 | 6 | 232 | 11 | 281 |
| 2 | 214 | 7 | 248 | 12 | 275 |
| 3 | 211 | 8 | 250 | 13 | 280 |
| 4 | 228 | 9 | 253 | 14 | 288 |
| 5 | 235 | 10 | 267 | 15 | 310 |
Linear Trend Equation :
New Accounts for Period 16:
New Accounts for Period 17:
New Accounts for Period 18:
New Accounts for Period 19:
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