Question: Historical demand for a product is given below. The regression equation for forecasting is y = 201.67 - 9.86x (where x is time). What is

Historical demand for a product is given below.

Historical demand for a product is given below. The regression equation for forecasting is y = 201.67 - 9.86x (where x is time). What is the forecast for August? (carry to 2 decimal places) Time Demand 1 192.00 2 Month January February March April May June 181.00 174.00 3 4 5 5 161.00 152.00 143.00 6

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