Question: Instructions: This lab assignment set has 1 Problem. The total credit for this homework set is 5 Please write down all your names, ID, and

Instructions: This lab assignment set has 1
Instructions: This lab assignment set has 1 Problem. The total credit for this homework set is 5 Please write down all your names, ID, and section number on the upper-right corner of the paper. Problem 1: (5 Points) Given the past sales for the previous 9 months, use regression method to forecast the demand for month 10, 11, and 12. Meat Deman 1600 2100 2 2000 2100 5 2500 2700 7 200 X 2900 9 2920 10 11 Please use the EXCEL function of SLOPE and INTERCEPT to find the forecasted value of month 10, 11, and 12 demand. SLOPE - INTERCEPT- Therefore, The forecasted demand for month 10 is: The forecasted demand for month 11 is: The forecasted demand for month 12 is: Please use the EXCEL function of FORECAST to find the the forecasted value of month 10, 11, and 12 demand. The forecasted demand for month 10 is: The forecasted demand for month 11 is: The forecasted demand for month 12 is: 2

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