Question: Following are the data on demand for white bread loaves at a bakery. Day Loaves 1 203 2 220 3 217 4 225 5 234

Following are the data on demand for white bread loaves at a bakery. Day Loaves 1 203 2 220 3 217 4 225 5 234 6 238 7 247 8 255 9 260 10 261 11 283 12 275 13 285 14 290 15 314 a. Develop a linear trend equation for the above data on demand for white bread loaves at a bakery (use of Excels Trendline, with display Equation on chart option, is recommended), and use it to forecast demand on day 16. (Round the final answers to 2 decimal places.) Y = x + Forecast demand on day 16

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