Question: Given the following data, use least-squares regression to derive a trend equation: Period Demand 1 7 2 9 3 10 + X The least-squares regression

Given the following data, use least-squares regression to derive a trend equation: Period Demand 1 7 2 9 3 10 + X 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. What is your estimate of the demand in period 7? Estimated demand in period 7 is What is your estimate of the demand in period 12? Estimated demand in period 12 is (round your response to two decimal places). 4 10 (round your response to two decimal places). 5 11 6 14

Given the following data, use least-squares regression to derive a trend equation: The least-squares regression equation that shows the best relationship between demand and period is (round your responses to two decimal places): y^=+x where y^= Demand and x= Period. What is your estimate of the demand in period 7 ? Estimated demand in period 7 is (round your response to two docimal places). What is your estimate of the demand in period 12 ? Estimated demand in period 12 is (round your response to two decimal places)

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