Question: Consider the following time series: a. Using a trend projection, forecast the demand for Period 9. b. Verify your results using PHStat. c. Calculate the

Consider the following time series:

Period 12 34 5 6 78 Demand 7 8 7 10 14

a. Using a trend projection, forecast the demand for Period 9.

b. Verify your results using PHStat.

c. Calculate the MAD for this forecast.

Period 12 34 5 6 78 Demand 7 8 7 10 14 16 13 16

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