Question: Following are the data on demand for white bread loaves at a bakery. Day Loaves 1 194 2 214 3 217 4 228 5 237
Following are the data on demand for white bread loaves at a bakery. Day Loaves 1 194 2 214 3 217 4 228 5 237 6 240 7 249 8 259 9 258 10 267 11 281 12 278 13 279 14 288 15 313 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.)
Following are the data on demand for white bread loaves at a bakery. a. Develop a linear trend equation for the above data on demand for white bread loaves at a bakery (use of Excel's 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.)
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