Question: Given the following data, use least squares regression to derive a trend equation: Period 1 2 3 4 5 6 Demand 7 9 5 11

Given the following data, use least squares regression to derive a trend equation:

Period

1

2

3

4

5

6

Demand

7

9

5

11

10

13

The least-squares regression equation that shows the best relationship between demand and period is (round your responses to two decimal places):

where y = Demand and x = Period.

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