Question: Data in the Excel File Microprocessor Data shows the demand for one type of chip used in industrial equipment from a small manufacturer. Develop a
Data in the Excel File Microprocessor Data shows the demand for one type of chip used in industrial equipment from a small manufacturer. Develop a regression model to forecast demand that includes both time and the introduction of a new chip as explanatory variables. What would the forecast be for the next month if a new chip is not introduced?Round to decimals, no unit or comma.
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