MGT 366 06-TR-Operations Management (W24) Homework: #1 hw ch8 Question list Question 1 Question 2 Question 3 Question 4 Question 5 Question 6 K Demand for oil changes at Garcia's Garage has been as follows: Question 1, Problem 1 Part 1 of 2 Month Number of Oil Changes January February 32 54 March 62 April 58 May 49 June 60 July 54 August 57 HW Score: 0%, 0 of 20 points O Points: 0 of 4 Michelle Davidson a. Use simple linear regression analysis to develop a forecasting model for monthly demand. In this application, the dependent variable, Y, is monthly demand and the independent variable, X, is the month. For January, let X=1; for February, let X=2; and so on. The forecasting model is given by the equation Y=a+bX (Enter your responses rounded to two decimal places.) Save