Question: H B D E F G 1 What are this and next year's forecasts using the least squares trend line for these data? 2 3

H B D E F G 1 What are this and next year's

H B D E F G 1 What are this and next year's forecasts using the least squares trend line for these data? 2 3 Time Period Demand 4 7 years ago 7 5 6 years ago 28 6 5 years ago 21 7 4 years ago 42 8 3 years ago 35 9 2 years ago 56 10 Last year 49 11 This year 12 Next Year 13 14 15 If the actual demand for this year and next are as follows, what is the squared error for each year's forecast? 16 Time Period Actual Squared 17 Demand Error 18 This year 60 19 Next year 74 20 21

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