Question: 1.Using a linear regression, what is the trend equation for this time-series? Month Demand (Y) Jan 65 Feb 45 Mar 52 Apr 44 May 37
1.Using a linear regression, what is the trend equation for this time-series?
Month Demand (Y)
Jan 65
Feb 45
Mar 52
Apr 44
May 37
Options are:
A. Y=65.7-5.7x
B. Y=65.7 + 5.7x
C. Y=35.4+5.5x
D. Y=62.1+3.2x
2.How do you compute and report Wednesday's Seasonal Factor for the time series shown below?
Week Monday Tuesday Wednesday Thursday Friday
1 18 25 35 21 4
2 15 28 45 19 6
Options are:
A. 0.25
B. 0.37
C. 0.11
D. 0.19
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
