Question: Develop a linear trend equation for the following data. Then use the equation to predict the demand of period 7 and 8. Period Demand 1

Develop a linear trend equation for the following

Develop a linear trend equation for the following data. Then use the equation to predict the demand of period 7 and 8. Period Demand 1 107 2 122 3 131 4 138 5 136 6 134 Sum 21 768 Sum of (Period Squared): Sum of (Period* Demand): Slope: Intercept: Forecast of Period 7: Forecast of Period 8

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