Testing the Appropriateness of a Linear Regression Relation on Suburban Branch Offices of a Commercial Bank

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Year:
2014
Type of Publication:
Article
Keywords:
Commercial Bank, Regression Function, Linear, Fit and Error
Authors:
A. D. Pwasong; M. M. Kembe; Q. U. Oguinye
Journal:
IJISM
Volume:
2
Number:
2
Pages:
259-263
Month:
March
Abstract:
The study involved 12 similar but scattered suburban branch of a commercial Bank from which the data was obtained. From the data X is the amount of minimum deposit and Y is the number of new market accounts. The estimated linear regression function fitted to the data was obtained as: . A general linear approach for determining the appropriateness of a simple linear regression model fitted to the data was adopted. The results revealed that there is no linear association between minimum deposit size and number of new accounts.

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