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A company has been using the following equation to predict annual demand for solar array sales: Yt = 55 + 4t Demand for the past
A company has been using the following equation to predict annual demand for solar array sales: Yt = 55 + 4t
Demand for the past few years is shown below. Is the forecast performing as well as it might? Explain.
Year 1 2 3 4 5 6 7
Demand 60 65 69 76 85 85 -
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