Question: a. Using the data in problem 28, develop a regression model to express demand for carpet installation as a function of the building permits issued

a. Using the data in problem 28, develop a regression model to express demand for carpet installation as a function of the building permits issued 3 months prior to the demand. (Use the first 8 months of building permit data.)

b. Forecast the demand for carpet installation 3 months following a month in which 693 building permits were issued.

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