Morgan Bank has been encouraging its customers to use its new mobile banking app. While this may be good for business, the bank has to deal with a number of inquiries it receives about the new app. The accompanying data file includes weekly inquiries the bank has received over the past 30 weeks. Click here for the Excel Data File a-1. Estimate the linear trend model. Note: Negative values for regression coefficients should be indicated by a minus sign. Round final answers to 2 decimal places. Predictor Variable Constant Week Coefficient a-2. Use the estimated model to forecast the number of inquiries over the next two weeks. Note: Round coefficient estimates to at least 4 decimal places and final answers to 2 decimal places. Week Forecast 31 32 A B C D E F G H K 1 Week Inquiries 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 123456789012222222222222 288 333 337 281 280 281 309 271 275 281 266 254 280 272 17 18 205 19 265 20 263 21 233 22 269 23 248 24 271 25 225 26 253 27 250 28 263 29 245 30 204 31 221 32 33 34 35 278 243
Morgan Bank has been encouraging its customers to use its new mobile banking app. While this may be good for business, the bank has to deal with a number of inquiries it receives about the new app. The accompanying data file includes weekly inquiries the bank has received over the past 30 weeks. Click here for the Excel Data File a-1. Estimate the linear trend model. Note: Negative values for regression coefficients should be indicated by a minus sign. Round final answers to 2 decimal places. Predictor Variable Constant Week Coefficient a-2. Use the estimated model to forecast the number of inquiries over the next two weeks. Note: Round coefficient estimates to at least 4 decimal places and final answers to 2 decimal places. Week Forecast 31 32 A B C D E F G H K 1 Week Inquiries 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 123456789012222222222222 288 333 337 281 280 281 309 271 275 281 266 254 280 272 17 18 205 19 265 20 263 21 233 22 269 23 248 24 271 25 225 26 253 27 250 28 263 29 245 30 204 31 221 32 33 34 35 278 243
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![Morgan Bank has been encouraging its customers to use its new mobile banking app. While this may be good for business, the bank
has to deal with a number of inquiries it receives about the new app. The accompanying data file includes weekly inquiries the bank
has received over the past 30 weeks.
Click here for the Excel Data File
a-1. Estimate the linear trend model.
Note: Negative values for regression coefficients should be indicated by a minus sign. Round final answers to 2 decimal places.
Predictor Variable
Constant
Week
Coefficient
a-2. Use the estimated model to forecast the number of inquiries over the next two weeks.
Note: Round coefficient estimates to at least 4 decimal places and final answers to 2 decimal places.
Week
Forecast
31
32](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1e5f6378-e945-4ae4-b292-5d7a80798168%2F3d23714b-188f-4fc0-8913-9880e9b30bc4%2Fpmi3vqg_processed.png&w=3840&q=75)
Transcribed Image Text:Morgan Bank has been encouraging its customers to use its new mobile banking app. While this may be good for business, the bank
has to deal with a number of inquiries it receives about the new app. The accompanying data file includes weekly inquiries the bank
has received over the past 30 weeks.
Click here for the Excel Data File
a-1. Estimate the linear trend model.
Note: Negative values for regression coefficients should be indicated by a minus sign. Round final answers to 2 decimal places.
Predictor Variable
Constant
Week
Coefficient
a-2. Use the estimated model to forecast the number of inquiries over the next two weeks.
Note: Round coefficient estimates to at least 4 decimal places and final answers to 2 decimal places.
Week
Forecast
31
32
![A
B
C
D
E
F
G
H
K
1
Week
Inquiries
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
123456789012222222222222
288
333
337
281
280
281
309
271
275
281
266
254
280
272
17
18
205
19
265
20
263
21
233
22
269
23
248
24
271
25
225
26
253
27
250
28
263
29
245
30
204
31
221
32
33
34
35
278
243](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1e5f6378-e945-4ae4-b292-5d7a80798168%2F3d23714b-188f-4fc0-8913-9880e9b30bc4%2Fl7yq11r_processed.png&w=3840&q=75)
Transcribed Image Text:A
B
C
D
E
F
G
H
K
1
Week
Inquiries
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
123456789012222222222222
288
333
337
281
280
281
309
271
275
281
266
254
280
272
17
18
205
19
265
20
263
21
233
22
269
23
248
24
271
25
225
26
253
27
250
28
263
29
245
30
204
31
221
32
33
34
35
278
243
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