Question: Given the following data, use least-squares regression to derive a trend equation: Period 1 2 3 4 5 6 Demand 7 10 6 9 7
Given the following data, use least-squares regression to derive a trend equation: Period 1 2 3 4 5 6 Demand 7 10 6 9 7 12 Part 2 The least-squares regression equation that shows the best relationship between demand and period is (round your responses to two decimal places): y= _ + _ where y=Demand and x=Period.
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