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Question 3: SSR has been using the following equation to predict annual demand (in thousands) for vehicle rim sales: Yt = 55 + 4t Demand

Question 3:

SSR has been using the following equation to predict annual demand (in thousands) for vehicle rim sales:

Yt = 55 + 4t

Demand for the past few years is shown below. Is the forecast performing as well as it might? Explain.

Year	1	2	3	4	5	6	7
Demand	60	65	69	76	85	85	-

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