P ro b lem 2 A local bank has recently increased its fees to customers who use tellers to make deposits Management is interested in whether its new policy has increased the number of customers who now us e its mobile baking system for deposits Week Deposit Transactions 1 512 2 527 3 631 4 634 5 682 6 739 7 818 8 809 9 926 10 937 11 958 12 1002 a Plot the data Do es the data appear to have a linear trend b Determine the trend line equation c Use the trend projection to f orecast the number of mobile deposit transactions for weeks 13 to 15

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Question: P ro b lem 2 A local bank has recently increased its fees to customers who use tellers to make deposits . Management is interested

Problem 2

A local bank has recently increased its fees to customers who use tellers to make deposits. Management is interested in whether its new policy has increased the number of customers who now use its mobile baking system for deposits.

Week	Deposit Transactions
1	512
2	527
3	631
4	634
5	682
6	739
7	818
8	809
9	926
10	937
11	958
12	1002

a. Plot the data. Does the data appear to have a linear trend?

b. Determine the trend line equation.

c. Use the trend projection to forecast the number of mobile deposit transactions for weeks 13 to 15.

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