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The historical demand for a product in year 2017 is displayed in the table. Month Demand (orders) January 66,753 February 67,686 March 68,641 April 68,979
The historical demand for a product in year 2017 is displayed in the table. Month Demand (orders) January 66,753 February 67,686 March 68,641 April 68,979 May 69,278 June 69,577 July 69,602 August 70,348 September 70,806 October 71,011 November 71,819 December 72,752 Use the trend projection linear regression method to forecast the demand for February 2018. Could you find the slope and intercept of the fitted line? What is the forecast?
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