For the following 12 periods of historical data, compute a simple linear regression equation and develop a

Question:

For the following 12 periods of historical data, compute a simple linear regression equation and develop a forecast for the next four periods.
Period a t
1………………………………….108
2………………………………….112
3………………………………….107
4………………………………….118
5………………………………….131
6………………………………….126
7………………………………….138
8………………………………….145
9………………………………….159
10………………………………….138
11………………………………….153
12………………………………….159