Question: Demand for indoor exercise bikes with online streaming classes grew significantly over the past year and is expected to continue to expand for the foreseeable

Demand for indoor exercise bikes with online

Demand for indoor exercise bikes with online streaming classes grew significantly over the past year and is expected to continue to expand for the foreseeable future. Demand for bikes this past year was as follows: MONTH DEMAND (UNITS) January 9,350 February 9,570 March 8,910 April 9,790 May 11,110 June 10,450 July 11,770 August 10,890 September 11,990 October 12,628 November 13,959 December 13,299 1. Using linear regression analysis, find what the forecast would have been for each month this year? 2. Calculate the MAD and MAPE for these forecast values? 3. What would your forecast be for January, February, and March of next year

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