b. Develop a causal regression model to forecast demand that includes both time and the introduction of a new chip as explanatory variables.

Demand=_____+(______)month+(____)New Chip Introduced

(Type integers or decimals rounded to three decimal places as needed.)

c. What would the forecast be for the next month if a new chip is introduced? What would it be if a new chip is not introduced?

If a new chip is introduced, the forecast for month 25 would be ____

If a new chip is not introduced, the forecast for month 25 would be______

Month	New Chip Introduced	Demand
1	0	3894
2	0	3489
3	0	6083
4	1	10645
5	0	7697
6	0	7711
7	0	5427
8	0	8734
9	1	13048
10	0	7271
11	0	8614
12	0	7164
13	0	7401
14	0	9689
15	1	14506
16	0	8509
17	0	12159
18	0	14696
19	1	18965
20	0	14214
21	0	14841
22	0	15304
23	0	16472
24	0	16974
			Thank you!