Question: Develop a linear regression equation to predict future demand from the following data: a. Write the regression equation. b. Predict demand for 2015. c. Name
Develop a linear regression equation to predict future demand from the following data:

a. Write the regression equation.
b. Predict demand for 2015.
c. Name the independent variable.
d. Name the dependent variable.
Demand 23 24 31 28 29 Year 2008 2009 2010 2011 2012
Step by Step Solution
3.36 Rating (159 Votes )
There are 3 Steps involved in it
a b Table for Problem 4 Year Time Period x Actual Demand y x 2 xy 2008 1 23 1 23 2009 2 ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
498-B-F-E (831).docx
120 KBs Word File
