Question: A manager uses this equation to predict demand for landscaping services: F t = 10 + 5t. Over the past eight periods, demand has been

A manager uses this equation to predict demand for landscaping services: Ft = 10 + 5t. Over the past eight periods, demand has been as follows:

Period, t: 1. 7 Demand: 15 21 23 30 32 38 42

Is the forecast performing adequately? Explain.

Period, t: 1. 7 Demand: 15 21 23 30 32 38 42 47

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