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Month t Number of oil changes Jan 1 41 Feb 2 46 Mar 3 57 April 4 52 May 5 59 June 6 51 July
Month | t | Number of oil changes |
Jan | 1 | 41 |
Feb | 2 | 46 |
Mar | 3 | 57 |
April | 4 | 52 |
May | 5 | 59 |
June | 6 | 51 |
July | 7 | 60 |
Aug | 8 | 62 |
Part (a)Write down the full regression equation below(use Exceland the dataset provided to find this equation).
Part (b) Do the following 3 forecasts (for September, October, and November). Show work.
t | Work[plug #s into equation from Part (a)] and answers: | |
September | t=9 | |
October | t=10 | |
November | t=11 |
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