Question: An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: YEAR QUANTITY SOLD Four years
An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data:
YEAR QUANTITY SOLD
Four years ago
Three years ago
Two years ago
Last year
What is this year's forecast using the least squares trend line for these data?
Multiple Choice
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