Question: Given the following data, use least-squares regression to derive a trend equation: Period 1 2 3 4 5 6 Demand 6 7 5 9 10

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

Period 1 2 3 4 5 6 Demand 6 7 5 9 10 15

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

y ^= (blank) + (blank) x , Where y ^= demand and x= period.

Period 7 forest = (bank)

Period 12 forecast = (blank)

Fill in the blanks

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