Question: Given the following data, use least-squares regression to derive a trend equation: Period 1 2 3 4 5 6 Demand 9 11 7 12 11

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

Period

1

2

3

4

5

6

Demand

9

11

7

12

11

12

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

y=nothing+nothingx,

where

y=Demand

and

x=Period.

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