Exhibit 14-3
The quarterly numbers of applications for home mortgage loans at a branch office of a large bank are recorded in the table below.
-Refer to Exhibit 14-3. Obtain a time series chart. Which of the forecasting models (one or more) do you think should be used for forecasting based on this chart? Why?

Question

Quizplus · Accepted Answer

The Answer of Exhibit 14-3
The quarterly numbers of applications for home mortgage loans at a branch office of a large bank are recorded in the table below.
-Refer to Exhibit 14-3. Obtain a time series chart. Which of the forecasting models (one or more) do you think should be used for forecasting based on this chart? Why?

Exhibit 14-3 the Quarterly Numbers of Applications for Home Mortgage Loans at Loans