Question: comments Example 8.2 The supply chain manager seeks a better way to forecast the demand for door hinges and believes that the demand is related

comments Example 8.2 The supply chain manager seeks a better way to forecast the demand for door hinges and believes that the demand is related to advertising expenditures. The following are sales and advertising data for the past 5 months: Sales (thousands of units) Advertising (thousands of $) 1 264 2.5 2 116 1.3 3 165 1.4 101 1.0 5 209 2.0 The company will spend $1,750 next month on advertising for the product. Use linear regression to develop an equation and a forecast for this product

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