Question: Given the following data, use least-squares regression to derive a trend equation: 1 4 5 6 Period Demand 2 11 3 10 8 13 11

Given the following data, use least-squares

Given the following data, use least-squares regression to derive a trend equation: 1 4 5 6 Period Demand 2 11 3 10 8 13 11 12 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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