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Yakvenalex [24]
3 years ago
11

Obtain the linear trend equation for the following data on new checking accounts at Fair Savings Bank and use it to predict expe

cted new checking 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 6 239 11 281
2 215 7 241 12 275
3 211 8 250 13 282
4 224 9 254 14 288
5 235 10 267 15 308
Y = + t
Y16 =
Y17 =
Y18 =
Y19 =
Use trend-adjusted smoothing with %u03B1 = .2 and %u03B2 = .1 to smooth the new account data in part a. What is the forecast for period 16? (Use the "Trend" values to 3 decimal places and other values to 2 decimal places for intermediate calculations. Round your final answer to 2 decimal places.)
Business
1 answer:
Allisa [31]3 years ago
6 0

Answer:

Y16 = 7(16) + 195.33 = 307.33

Y17 = 7(17) + 195.33 = 314.33

Y18 = 7(18) + 195.33 = 321.33

Y19 = 7(19) + 195.33 = 328.33

Explanation:

Period (x)

New accounts (Y)

The regression equation:

Y = mx + t

Y is the dependent variable

X is the independent variable

t point where trend line cuts through the x-axis

M is the gradient or slope

Using the regression calculator, the trend line for the data is :

Y = 7X + 195.33

Using the regression equation obtained :

Y16 = 7(16) + 195.33 = 307.33

Y17 = 7(17) + 195.33 = 314.33

Y18 = 7(18) + 195.33 = 321.33

Y19 = 7(19) + 195.33 = 328.33

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Complete question :

Giselle used the table to predict the cost of one year of college.

Category

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room and board

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Giselle predicts that she will receive a grant for $4,000. If she has 4 years in which to save, what is the minimum monthly amount she should deposit in an interest bearing savings account to be able to pay her contribution for one year of college?

$400

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$600

$700

Answer: $600

Explanation:

Given the following college cost estimate:

Tuition - $12,450

room and board - $10,125

transportation - $2,600

books and fees - $2,250

other - $1,250

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When fermentation units are operated with high aeration rates?
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The kenosha company has three product lines of beer mugslong dash​a, ​b, and clong dashwith contribution margins of $ 5​, $ 4​,
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Answer:

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Explanation:

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a                                $5                                   25,000

b                                $4                                  100,000

c                                $3                                   50,000

fixed costs = $351,000

if the sales proportion remains the same, we can assume a bundle of products = 1a + 4b + 3c (1 for every 25,000 units) whose contribution margin = $5 + $16 + $9 = $30

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3 0
4 years ago
Mary's last bank statement showed an ending balance of ​$141.37. This​ month, she deposited $ 542.07 in her account and withdrew
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Answer:

Mary's bank balance is $355.54

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=$355.54

The adjusted bank balance will be

= $355.54  - $92.29

= $263.25

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