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Demand for drones at TatoolnnoVations {TIVJ has been on an upward trajectory due to growth in the consumer drone market. TIV would like to apply
Demand for drones at TatoolnnoVations {TIVJ has been on an upward trajectory due to growth in the consumer drone market. TIV would like to apply either a double exponential smoothing forecast method or a trend projection using linear regression to forecast the demand. The following Table contains the last five periods of total demand for their product. \"- Find the slope and intercept for the least-squares regression trend projection method. - Be sure to carry your slope and intercept calculations to at least three decimal places [e.g. 142.8748 = 142.875]. Now compute your linear regression forecast for Period 8 using the slope and intercept you derived. - Carri,r all calculations to at least 3 decimal places. - Enter yourflnal answer rounded to one decimal place [e.g. 131.771 = 131.3}
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