Question: 3 a. Using regression analysis and the data below calculate the forecasts for period 11, 12 and 13. Year Annual sales in thousands Annual

3 a. Using regression analysis and the data below calculate the forecasts for period 11, 12 and 13. Year

3 a. Using regression analysis and the data below calculate the forecasts for period 11, 12 and 13. Year Annual sales in thousands Annual sales in thousands 1 1000 2000 2 1300 2200 2000 2600 2000 2900 2000 1200 3 4 5 Year 6 7 8 9 10 3b. Evaluate how closely related the demand using the data above. Use linear regression analysis formulas to answer question 3.

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