Question
Given the following data: x(PERIOD) 1 2 3 4 5 6 u789012 11 (DEMAND) 37 40 41 37 45 50 43 47 56 52
Given the following data: x(PERIOD) 1 2 3 4 5 6 u789012 11 (DEMAND) 37 40 41 37 45 50 43 47 56 52 55 54 with slope = 1.72 and intercept = 35.2. What is the forecasted demand for period 14?
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To forecast the demand for period 14 using the given linear regression equation with a slope of 17...Get Instant Access to Expert-Tailored Solutions
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Statistics
Authors: Robert S. Witte, John S. Witte
11th Edition
1119254515, 978-1119254515
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