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Problem 1 8 - 1 4 ( Algo ) Demand for stereo headphones and MP 3 players for joggers has caused Nina Industries to grow
Problem Algo
Demand for stereo headphones and MP players for joggers has caused Nina Industries to grow almost percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows:
MONTH DEMAND UNITS
January
February
March
April
May
June
July
August
September
October
November
December
a Using linear regression analysis, what would you estimate demand to be for each month next year? Do not round intermediate calculations. Round your answers to decimal places.
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