Time series: Trend Forecast.
Not what you're looking for?
The following five years of data shwo the average minimum balance to avoid fees for checking accounts that pay interest.
A. Graph the time series. Does a linear trend appear to be present?
B. Develop the equation for the linear trend component for the times series.
C. Use the trend equation to forecast the minimum average balance to avoid account fees for Spring 2006.
Purchase this Solution
Solution Summary
The solution illustrates the identification and fitting of linear trend in a time series model. Response includes a Word and Excel document.
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.